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The Hightower Report said, “The market may have a mixed start today with optimism coming from the White House fact sheet that China will buy $17 billion worth of additional ag goods from the U.S. which could include pork. However, the recent pseudorabies detection in the U.S. has caused Mexico to halt imports of U.S. breeding pigs and pork offal. This could increase our domestic hog numbers and could offset today’s China optimism.”
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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 …
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…
“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 …
Boxed beef cutout values this afternoon were up on Choice and up on Select, USDA said.
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