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The last few weeks live cattle futures prices have dropped from the upper $90s to the lower $90s following Memorial Day, typically a time when retailers are expected to move more beef.

As the week ends, bears have the technical market momentum as live cattle futures prices fade, says Julianne Johnson, ProFarmer Senior Market Analyst.

Unemployment and other factors are impacting the cattle futures market this week. But beef movement remains strong coming off theMemorial Day holiday, although Choice beef values decline but remain still historically strong

On June 22, USDA’s Grain Inspection, Packers and Stockyards Administration will publish a proposed rule, as required by the 2008 farm bill and through existing authority under the Packers and Stockyards Act

Listen to audio analysis from these experts about the Cattle on Feed report.

Hear market analysis on the April 23 Cattle on Feed report.

Hear Ron Plain, University of Missouri economist, comment on USDA’s March Cattle on Feed report.

Hear Steve Kay, Cattle Buyers Weekly editor and publisher, comment on the January Cattle on Feed report.

Expert analysis of USDA’s Cattle on Feed report and what it means to producer marketing.

Listen to audio analysis from these experts about USDA’s Cattle on Feed report.