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“The cattle market was lower from the get-go yesterday after falling below last week’s lows,” the Hightower Report said. “Bullish speculators seem to be cautious lately and have been taking profits as open interest in live cattle fell 3,500 contracts yesterday and is near its lows of 2026. USDA finalized late Friday trade and the 5-area, 5-day weighted average for last week ended at 259.28.”
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Austin Schroeder at Barchart.com said, “Live cattle futures were 52 cents to $1.32 higher on Wednesday. Open interest was down 1,801 contracts…
Bloomberg said, “Brazil’s largest pork exporter, cooperative Aurora, is expanding capacity as it bets on rising demand from Asia, underscoring…
Boxed beef cutout values this afternoon were up on Choice and up on Select, USDA said.
Austin Schroeder at Barchart.com said, “Live cattle were down 40 cents to $1.42 across most contracts, with June the lone exception, up a nick…
“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 …
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