Cattle futures set record highs last week, while Choice cutout beef prices saw an increase.
Live cattle futures reversed early strength to post new lows for the move and a new low close since Dec 21.
The full impact of a hot and dry summer in the U.S. Midwest is unlikely to show up in the government's next estimate of the U.S. corn crop as it typically makes just small adjustments to its harvest outlook during Augus
Forage and livestock producers who want to learn about the role forage quality plays in meat quality can attend the Indiana Forage Council seminar.
See the lastest supply/demand estimates from Jerry Gulke, Top Producer Maket Strategy columnist.
Meaningful change isn’t accomplished overnight. More often, it happens slowly by chipping away piece by piece until something new suddenly takes shape.
Cattle feeding margins slipped further into the red last week.
A decline of $5 per cwt in cash fed cattle prices pushed cattle feeding margins $60 per head lower, leaving losses at $120 per head, according to the Sterling Beef Profit Tracker.