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“June live cattle hit a 2 ½-week high yesterday as strong action in the stock market and weak energies allowed the cattle complex to shrug off the bearish leaning cattle on feed report Friday afternoon,” the Hightower Report said. “This morning, stocks are modestly lower and crude is rebounding, which could lead to a slightly lower start for cattle.”
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The Hightower Report said, “Live cattle closed slightly weaker yesterday, but feeders dropped nearly $4 as rumors flew the USDA had set a date…
“Cattle finally ran into a round of profit-taking yesterday, and prices closed sharply weaker ahead of today’s cattle on feed report,” the Hig…
Austin Schroeder at Barchart.com said, “USDA’s Cattle on Feed report from Friday showed March Placements down 7.67% from a year ago at 1.709 m…
According to a USDA press release, “Today, U.S. Secretary of Agriculture Brooke L. Rollins and Lieutenant General William H. “Butch” Graham, U…
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