Download PDF Cash cattle prices took another step upward this week. Early in theweek, trade was occurring at mostly $128. Trade was rather lightbecause cattle feeders insisted on $130 for any additional cattle andpackers refused to pay it until Friday morning when they capitulatedand $130 was paid in all regions. When all was said and …
Download PDF Uh-oh, here we go again. After several weeks of trending lower,the cutout posted a $1.65 increase this week. We have seen thisbehavior before. The chart below shows the LHI and nearbyfutures between the Aug and Oct expirations. Here the index wasin a steady downtrend until about Sept 20, when some transitorygains in the …
Download PDF Everything continued lower in the hog and pork complex thisweek. The cutout lost $4.12 on a weekly average basis and theNDD negotiated hog market was about $3.50 lower. At this point,everything is being driven by the cutout and the cutout is beingdriven by the bellies and hams. The belly primal continued towork lower, …
Download PDF The cash cattle market finally made a move higher this week, with liveprices registering in the $126-127 range. It looks like the average forthe week is going to be just about $2 higher than last week. We’veknown for a while now that smaller placements back in May, June andJuly would hit the market …
