We are now fully transitioning into a primary calf selling time of the year for cow-calf producers and into an active buying time for stocker producers.
The cattle markets are on a slight decline, but it's still better than last year.
International meat trade is a big business, and price and quality are the primary determinants for importers.
USDA’s monthly Cattle on Feed report was pegged at 10.4 million head on July 1, 1% above last year’s total.
Both the fed cattle and beef cutout markets have taken a slight downturn, but things should turn around and head back towards record highs.
Cash cattle prices took out highs set back in March this week, a feat few expect from a June market.
Beef prices went down while cattle prices rebounded.
As fall weaning approaches for many cow-calf producers, those that have the facilities and resources for retaining ownership may want to evaluate whether or not they can increase returns by adding weight to their calves.