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Packers took on more inventory last week, which allows them to sit out and leverage the extra volume to push the market lower with potential extended delivery periods.

The cash cattle market reached its tipping point and began backward movement, but indications are that it will be short-term.

Shorter show lists, and the eagerness of packers to buy cattle helped push the cash market higher.

Despite declines in both cash and futures prices, cattle feeders continue to believe cattle markets show signs of optimism.

Slaughter numbers approached year-ago levels for the week as beef packers are operating at near-capacity and wholesale beef prices continue lower.

U.S. beef packers including Tyson Foods and Cargill are racking up historically high margins, thanks to slumping cattle prices amid a supply glut and as Americans turn to beef for their backyard summer barbecues.

Ranch families that have a son or daughter home from school for an extended period due to COVID-19 isolation should take advantage of the younger generation's skills to update the ranch record keeping system.

Genetics is a vital part of cattle production.