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Cold temperatures and wintry precipitation “are expected to hamper feedlot performance,” The Hightower Report said. Much of that weather may be priced in unless it is worse than expected which means “prices may get a correction lower the first half of this week.”
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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…
“Choppy and volatile action in the hog market continued with July rallying sharply this morning and taking out Friday’s high, only to drop sha…
“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 …
“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…
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