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“Beef cold storage numbers for April were up 0.3% from March but down 2.6% year-over-year,” the Hightower Report said. “COT data showed managed money made little change to their net long position, which remains near 130,000. This week may be a key test for the cattle bulls after prices hit new lows for the month on Friday in the deferred months and feeders gapped lower.”
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Boxed beef cutout values this afternoon were up on Choice and up on Select, USDA said.
On boxed beef cutout values, the USDA said:
On boxed beef cutout values, the USDA said:
Boxed beef cutout values this afternoon were higher on Choice and lower on Select, the USDA said.
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