Cash Market Makes Big Recovery

Although the rising cash price will eat into their profits, packers appeared to take on extra inventory. ( Consolidated Beef Producers )

The cash market made a huge rebound in all areas last week. The South traded $5-$6 higher at $112-$113. The north was able to get up to $114 cash and $180 dressed. 

Brad Hulett
Brad Hulett, marketing rep., Consolidated Beef Producers, Inc.

Although the rising cash price will eat into their profits, packers appeared to take on extra inventory. Cash numbers should continue steady to lower as the summer moves along. A strong cutout could give packers incentive they need to remain aggressive in the cash market, and to take advantage of large profits.

Smaller showlist numbers potentially put feeders back in a favorable position in the cash trade, as they begin to receive their first round of grass cattle deliveries. Speculation is that by the end of summer, we could test our lows from a few weeks back. Today, cattle feeders are current and in a good place, and as always, we should check our road map ahead as available cattle numbers start to climb again.

Comments

Restricted HTML

  • Allowed HTML tags: <a href hreflang> <em> <strong> <cite> <blockquote cite> <code> <ul type> <ol start type> <li> <dl> <dt> <dd> <h2 id> <h3 id> <h4 id> <h5 id> <h6 id>
  • Lines and paragraphs break automatically.
  • Web page addresses and email addresses turn into links automatically.
5 + 0 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
Submitted by Janet jordan on Tue, 07/10/2018 - 02:32

Hi every one i am Janet Jordan and i am from USA, I had a fight with my husband about three years ago and since then he has refuse to talk to me or even care about our family affair he abandoned us and went after another woman leaving me with three kids two girls and a boy,so last weeks a friend of my introduced me to a spell caster called Dr. Ozil who helped me brought my husband back many think he is a scam but i promise you that he is nothing compare to that not even close so if you have some problems in having or getting your ex back you can contact the great and wonderful spell caster Dr. Ozil in this address and he be willing to help you via: drozilsolutionhome@yahoo.com or drozilsolutionhome@outlook.com Call or WhatsApp: +2348161897826 View his website for more reviews about him: http://drozilsolutionhome.website2.me/

Submitted by veronica on Fri, 07/13/2018 - 21:20

hello,
Am writing this article to appreciate the good work of DR Abiodun that helped me recently to bring back my Husband that left me for another lady for no reason for the past 8 months . After seeing a post of a woman on the internet testifying of how she was helped by DR Abiodun. I also decided to contact him for help because all i wanted was for me to get back my Husband happiness and to make sure that my child grows up with his father. Am happy today that he helped me and i can proudly say that my Husband is back with so much love and joy like never before thanks Dr contact email drabioduntemple@gmail.com,Dr Abiodun have a solution for those problems,
Pregnancy;
Lottery
HIV/AIDS
Business
E.T.C.