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“Cash (cattle) trade late last week was mostly $1 higher in the major areas and the 5-area, 5-day weighted average for the week ended at 186.30, up from 186.05 the previous week,” the Hightower Report said. “CFTC data showed managed money traders were significant buyers for the second week in a row.”
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“A late-session rally in the cattle complex pushed prices up near the highs of the day at yesterday’s close,” the Hightower Report said. “In a…
“The June live cattle contract’s discount to cash continues to be a supportive factor for the nearby months. Screwworm cases have now reached …
Bloomberg said, “JBS NV is closing a beef plant in Pennsylvania, in the latest sign of pressures meatpackers are facing amid a severe US cattl…
“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 …
Boxed beef cutout values this afternoon were up on Choice and up on Select, USDA said.
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