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The Hightower Report said, “The cattle complex closed modestly weaker yesterday and October live cattle closed in the lower quarter of the day’s range. Part of the weakness was likely due to a new screwworm case in Crockett County, Texas near the border, affecting a dog. Also, the Justice Department yesterday announced an investigation into 8 of the largest grocery retailers for manipulation of beef prices, including Walmart, Amazon, Costco, Kroger and others.”
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“Canada is sparing U.S. pork imports from the new retaliatory tariff that starts Sept 8,” The Hightower Report said.
“The 15-year seasonal trend for October hogs tends to bottom in late August, suggesting seasonal pressure may be peaking this week,” the Hight…
“Ag Secretary Rollins says the U.S. is assessing whether the Nogales, Ariz., border crossing is screwworm compliant enough to add to the list …
Austin Schroeder at Barchart.com said, “Lean hog futures posted 90 cent to $1.27 gains to close out Friday, as October was up $1.02 on the wee…
“The cattle complex managed to close strong yesterday after hitting its lowest level since early December of last year on Wednesday,” the High…
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