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“Live cattle and feeder prices were unable to climb back to the upside yesterday after Friday’s sharply lower close, and that gives the bear camp the edge,” the Hightower Report said. “President Trump extended the China tariff deadline for 90 days, which eases demand worries with our third-largest U.S. beef buyer.”
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“A late-session rally in the cattle complex pushed prices up near the highs of the day at yesterday’s close,” the Hightower Report said. “In a…
“The June live cattle contract’s discount to cash continues to be a supportive factor for the nearby months. Screwworm cases have now reached …
“Choppy and volatile action in the hog market continued with July rallying sharply this morning and taking out Friday’s high, only to drop sha…
“The cattle market traded both sides of unchanged but ended the session on a strong note and near the highs of the day,” The Hightower Report …
Bloomberg said, “JBS NV is closing a beef plant in Pennsylvania, in the latest sign of pressures meatpackers are facing amid a severe US cattl…
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