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“The market shows no signs of topping out and Friday’s cattle on feed report and semiannual inventory report will offer some indications on whether significant herd rebuilding is occurring,” the Hightower Report said. “Showlist sizes this week are lower in both north and south regions.”
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“Yesterday’s light cash trade in Texas, steady with last week, kept live cattle from selling off further as the nearby month held up better th…
“Packer profit margins have dropped sharply this week,” the Hightower Report said. “Top buyers on yesterday’s weekly export sales report were …
“The friendly cold storage report added support as March beef stocks were the lowest in 12 years,” the Hightower Report said. “The market may …
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