The cattle market has seen fluctuation, not only from the highs of two years ago but also from last fall when live cattle futures traded under a $1.
The USDA Cattle on Feed Report released last Friday contained some surprises and is notably lacking news that the price trend established through the last half of 2015 would be reversed.
There could be a little help from the start of football season as consumers grill for tailgating activities, but beef generally hits a time of reduced interest during the fall months.
U.S. beef has full access into the Japanese market for the first time in 16 years, but it is still not at a level playing field compared to countries who remained in the Trans-Pacific Partnership (TPP) trade agreement.
Mexico historically has been an important source of feeder cattle for U.S. cattlemen, with feeder calf imports of approximately 1 million head a year since the mid-1980s.
