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“August live cattle extended its selloff from last week’s contract highs on Thursday,” the Hightower Report said. “The weekly export sales report showed U.S. beef export sales for the week ending June 8 at 12,834 tonnes for 2023 delivery and 213 tonnes for 2024 for a total of 13,047. This was up from 12,820 the previous week but below the four-week average of 15,550.”
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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 …
“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 …
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…
“Cattle turned sharply lower after a strong start yesterday on additional screwworm cases,” the Hightower Report said. “The total number of ca…
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