Market Highlights: Beef demand adding strength to cattle markets

Despite Labor Day weekend looming, cattle feeders and packers found little to no common ground early in the week. The failure to agree on a price pushed cattle trade to a late week occurrence which has become common place the past several months. Live cattle futures are hollering for lower prices, which is a welcome sound for packers. However, cattle feeders are holding firm because closeouts plunging deeper into the red is not acceptable. –Drovers CattleNetworkRead more…