Saturday, October 15, 2011

Cattle and hog futures end the week in positive territory

Cattle country was dead quiet on Friday afternoon with business done for the week. Show lists are expected to remain quite manageable at least through the end of the month that is good news for producers, but potentially bad news for packers, especially if they continue to have difficulty selling beef higher. Note how they moved to slow chain speed this week in order to improve leverage with retailers. Unfortunately, beef buyers have not yet been convinced to increase their shopping. The weekly

Read more ...

No comments:

Post a Comment