Grilling season tends to bring on high beef prices, and this May was record breaker.
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Chicago Mercantile Exchange August live cattle eased 0.550 cent to 115.350 cents per pound, holding above Tuesday's nearly two-month low of 113.650 cents. August feeder cattle futures were up 0.725 cents at 144.050 cent
The 2017 Census of Agriculture was released April 11. While the lag between collecting and reporting the information seems like a long time, the breadth and depth of information is substantial.
Record-high cash fed cattle prices helped boost cattle feeding margins over $280 per head last week.