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“Live cattle closed weak with modest pressure coming from the spike higher in the U.S. dollar this morning to new contract highs after inflation data,” The Hightower Report said.
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Boxed beef cutout values this afternoon were up on Choice and up on Select, USDA said.
“Cash trade ideas have improved after yesterday’s rally, but we have not seen any bids yet,” the Hightower Report said. “Fundamental underlyin…
Boxed beef cutout values this afternoon were lower on Choice and lower on Select, the USDA said.
“December hogs pulled back and closed lower but traded mostly inside yesterday’s range. Today, cutout was higher, but cash hogs and the lean h…
The Hightower Report said, “The cattle complex closed weak with feeders leading the decline today. We are a bit surprised of the weakness in f…
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