Retreat... Some analysts believe that even as boxed beef prices fall the next 4-6 weeks, packers will continue to pay steady money, so perhaps the downside is limited for August LC in their view (The Beef)
US Cattle Report by National Beef Wire
USDA estimates daily cattle slaughter at 118K head, compared to 116K last week and 115K last year (Mon)
US Cattle Report by National Beef Wire
CME LIVESTOCK: Live Cattle: $121.025 (-0.525); Feeder Cattle: $155.10 (+0.075) Hogs: $107.05 (-1.625); Milk: $17.87 (-0.08)
US Cattle Report by National Beef Wire
CME GRAINS: Corn: $6.5925 (+4.00); Soybeans: $14.15 (+19.00); Wheat: $6.615 (-1.25)
US Cattle Report by National Beef Wire
Vytelle Contributes to AGJA Southern Hospitality through Always Progressing the Next Generation Campaign
Cattle Network
Boxed Beef AM: Choice: $322.39 (-0.89); Select: $281.37 (-2.24); Ch/Se Spread: $41.03; Total Loads: 33
US Cattle Report by National Beef Wire
STOCK UPDATE: Dow 30: 33,813.98 (+523.90); Nasdaq: 14,124.77 (+94.39); S&P 500: 4,216.73 (+50.28)
Market Update
Bluegrass Stockyards (Lexington, KY) reports 60 Steers (937 lbs) @ $133.75 (06/21 9:30 AM CDT)
National Cattle Ticker - Steers and Heifers >800 lbs.
Bluegrass Stockyards (Lexington, KY) reports 55 Steers (943 lbs) @ $133.00 (06/21 9:24 AM CDT)
National Cattle Ticker - Steers and Heifers >800 lbs.
Short Range Weather Forecast: Claudette Moving Across the Southeast; Storms Across the Northeast (View Report)
Weather
SCHWIETERMAN CATTLE: Cash trade was quiet on Friday, with a little $124 in the cash and $200 paid by someone in the northern beef market (VIEW REPORT)
US Cattle Report by National Beef Wire
SCHWIETERMAN FEEDER CATTLE: Cash index levels are at new multi month highs of 141.28, but remain 14.00 discount to the August futures (VIEW REPORT)
US Cattle Report by National Beef Wire