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Retailers will be looking beyond the summer heat. Improved demand should be expected as summer temperatures segue into cooler daily highs. Lower box prices converted to lower prices for individually priced portions on supermarket shelves will catch the eye of price weary consumers. With the grind dominating beef sales, imports will continue to rise and those lean cuts will be blended with excess fat from the beef plants, reported The Ag Center.
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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…
The Hightower Report said, “Cattle opened stronger yesterday on the feedgrain break, but strong trading volume pushed prices to a sharply high…
Bloomberg said, “Tyson Foods Inc. plunged after the largest US meatpacker cut its full-year earnings forecast for the second time in a month b…
Bloomberg said, “President Donald Trump moved to require country-of-origin labeling on foreign beef, in the latest effort to appease ranchers …
Austin Schroeder at Barchart.com said, “Lean hog futures gave back the Tuesday gains, as futures posted wobble Wednesday losses of 35 cents to…
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