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The market traded higher in cattle today in the midst of threatening weather and strong beef prices, The Hightower Report said. “The very wet weather in the Plains is holding weights low and production low and ideas that the selling yesterday was overdone helped to pressure,” The Hightower Report said.
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Boxed beef cutout values this afternoon were up on Choice and up on Select, USDA said.
“The hog market was under sharp pressure today and finished at a new low after opening at Tuesday’s low and quickly selling off as the U.S. do…
“Cash trade ideas have improved after yesterday’s rally, but we have not seen any bids yet,” the Hightower Report said. “Fundamental underlyin…
“Cattle closed with moderate losses yesterday after hitting a new high for the week early in the session,” the Hightower Report said. “Despite…
Boxed beef cutout values this afternoon were lower on Choice and lower on Select, the USDA said.
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