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Cattle futures closed mostly higher for the third consecutive trading session Friday. According to Pro Farmer, August live cattle settled unchanged, while deferred contracts posted modest price gains Friday.

The cattle market has been dynamic over the last couple of weeks. Consumers have been hoarding meat due to COVID-19 while the futures and cash prices are not necessarily reflecting it.

Earlier at the Cattle Industry Convention and NCBA Trade Show, USDA Secretary Sonny Perdue addressed the scare of the coronavirus to the beef industry. It still remains a threat today.

The Dow Jones fell after topping the 29,000 mark Friday. However, some market analysts say a climbing stock market may mean more money in the cattle markets.

Chip Nellinger of Blue Reef Agri-Marketing talks beef with AgDay host Clinton Griffiths.

Joe Vaclavik, president of Standard Grain, talks to Tyne Morgan about the cattle markets.

Strong prices are being reflected in strong cattle demand, and to Chip Nellinger of Blue Reef Agri-Marketing, the feedlots have the upper hand, while the packers are short bought.

NPPC argues any such a ban would be "ill-advised and immoral."

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On the other hand, frozen poultry stocks are up slightly from the year prior.

Placements were up in every weight category compared to year-ago.

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Packers remain in a highly profitable position, while many feedyard closeouts are showing red ink.

Feedlots placed significantly more cattle on feed than expected last month.

USDA's Cattle on Feed and Cattle Inventory Reports reflected building supplies.

Get your day started with a brief rundown of key news.

Get your day started with a brief rundown of key news.

Get your day day started with a brief rundown of key news.

Get your day started with a brief rundown of key news.

Get your day started with a brief rundown of key news.

Emergency grazing will be allowed until Sept. 30, unless conditions improve.

Report signals beef demand was greater than expected during 'Beef Month.'

Get your day started with a brief rundown of key news

Get your day started with a brief rundown of key news.

Get your day started with a brief rundown of key news.

Cattle futures softened as all categories came in higher than expected.

Get more details on fundamental drivers and the resulting price action.

Followthrough buying is expected this morning.

Get your day started with a brief rundown of key news.

Get your day started with a brief rundown of key news.

Get your day started with a brief rundown of key news.

Get your day started with a brief rundown of key news.

Get your day started with a brief rundown of key news.

Get your day started with a brief rundown of key news.

Get your day started with a brief rundown of key news.

Get your day started with a brief rundown of key news.

Get your day started with a brief rundown of key news.

Get your day started with a brief rundown of key news.

Get your day started with a brief rundown of key news.

A wild week of weather shot prices higher. Find out what's in store next week.

Pork shipments notched a new all-time record.

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On the other hand, wheat export sales were impressive and pork exports notched a marketing-year high.

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Get your day started with a brief rundown of key news.

Get your day started with a brief rundown of key news.

Weather concerns resulted in strong gains for corn, soybean and especially wheat futures today.

Get your day started with a brief rundown of key news.

Get your day started with a brief rundown of key news.

Corn and wheat export sales were largely as expected.