If the current political rhetoric persists then very little change is expected, but an escalation of said rhetoric could be a market mover.
Until the market gains some consistency with what is happening in the country then the futures market is about as risky as playing croquet in the alligator pit.
Hot temperatures may drive down prices for beef.
The Choice boxed beef cutout price has increased more than $10 in two weeks. The price surge the back half of October is being driven by middle meats.
As is normal, beef cattle industry participants are trying to process many pieces of information.
The past week of poor weather has kept the beef market downs.
Uncertainty is rampant in the fed cattle market.
If our nation's consumers can limp along and hold this bedraggled economy to its walker, beef should have a chance to make that decent recovery.