There were 451 million pounds of beef in cold storage at the end of June. That was up 1.2% from the month before, but down 4.9% from a year ago.
Get your day started with a brief rundown of key news.
Fed cattle traded $6 higher than one week ago on a live basis. Live prices were mainly $122 to $123 while dressed prices were mainly $195 to $196. The 5 - area weighted average prices thru Thursday were $122.48 live, up
Both cash fed and feeder cattle markets traded lower throughout the first week of September.
This type of late-summer moisture provides several opportunities for enhanced fall grazing.
The cash feeder cattle market has cooled considerably the past month and a half as has the futures market.
The 21st KSU Beef Stocker Field Day will be held virtually on October 1, 2020.
U.S. cattle imports have increased from both Canada and Mexico in 2014, totaling 1.413 million head through August.