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“Beef export sales in the week ending on May 13 were tallied at 10,173 MT, the second lowest this marketing year,” Austin Schroeder, with Barchart.com, said. “South Korea was the largest buyer of 3,000 MT, with Japan buying 2,800 MT. Shipments totaled 15,329 MT, which was back down from last week. Of that total, South Korea was destined for 3,900 MT, with 3,800 MT to Japan.”
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“The cattle market ended with strong gains and December live cattle moved to their highest level since July 13as the uptrend continues. The lo…
“The hog market was under sharp pressure today and finished at a new low after opening at Tuesday’s low and quickly selling off as the U.S. do…
“Live cattle closed weak with modest pressure coming from the spike higher in the U.S. dollar this morning to new contract highs after inflati…
“The pressure on beef prices is coming mostly from chucks, rounds, briskets, plate, and flanks, the primal cuts that are going mostly to groun…
“Cattle closed with moderate losses yesterday after hitting a new high for the week early in the session,” the Hightower Report said. “Despite…
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