Continued beef weakness is discouraging cattle market bulls. Cattle futures behaved rather well Wednesday despite a major drop in cutout values Tuesday afternoon. However, nearby futures moved lower again last night after beef quotes slipped once again. That doesn’t bode well for short-term cash prospects. October live cattle futures slumped 0.35 cents to 154.97 cents/pound Wednesday night, while December futures sank 0.05 to 158.72. Meanwhile, October feeder futures declined 0.12 cents to 230.27 cents/pound, but January feeders gained 0.05 to 222.80. Read more at Drovers CattleNetwork…
Recent Posts
TSCRA supports USDA’s necessary decision to close southern border amid threat of New World screwworm
In response to the U.S. Department of Agriculture and Secretary Brooke Rollins’ recent announcement …
TSCRA Talk Episode 64 – National Grazing Lands Coalition 411
Bill Fox, central region program manager for National Grazing Lands Coalition, joins TSCRA …
Continue Reading about TSCRA Talk Episode 64 – National Grazing Lands Coalition 411
Crime watch: Cattle missing in Guadalupe County
Texas & Southwestern Cattle Raisers Association Special Ranger Robert Fields, District 25 in …
Continue Reading about Crime watch: Cattle missing in Guadalupe County