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“Hot weather has dented demand. Brazil’s beef exports in July are expected to see its first monthly decline in 18 months. That’s not due to fewer shipments to the United States, but instead it’s lower shipments to China as Brazil nears the quota limit before higher tariffs kick in,” The Hightower Report said.
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“As of Monday morning, there are a total of 41 cases of New World screwworm in the United States,” Pater said.
The Hightower Report said, “Cattle traded lower again Friday for the 15th straight session as cash prices fell sharply last week and futures q…
“October hogs made a new high for the move this morning but pulled back to close slightly lower. A very strong weekly close last week was a po…
Boxed beef cutout values this afternoon were up on Choice and up on Select, USDA said.
“We give the bulls the edge despite yesterday’s break,” the Hightower Report said. “USDA supply and demand data last Friday showed pork produc…
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