The softening that is taking place in today’s market seems to have more to do with the seasonal price patterns established through supply and demand factors.
USDA's February Cattle on Feed reports said the number of cattle in large feedlots on February 1 was down a tiny 0.04% compared to a year ago.
If one wants to be in a market where a lot is going on but nothing is happening then the fed cattle market is the place to be.
A seasonal price trend is one tool producers should consider utilizing when timing the marketing of cattle. Another useful tool to time marketing is the futures market.
The cattle markets have hit the brakes a bit as the peak of grilling season arrives.
The cattle markets are starting to tail off from their summer highs as spring calves are being weaned.
University of Missouri economist will share thoughts on beef outlook at Kirksville, Mo. meeting.
Brazilian federal police on Wednesday advanced a probe into alleged inspection bribes involving officials from the Agriculture Ministry, meatpackers and dairy companies in northern and northeastern Brazil.