Cattle markets expect one more gain for cash this month. February 16, 2023
The weekly export sales report was positive. 28,149 tonnes of beef was sold to all countries last week. This was +22% vs. last year. Year to date sales have slightly improved, now -19% from last year. That is still under USDA’s whole-year goal of -13%. Chinese buyers picked up 6,072 tonnes last week. They have 49,536 booked. That is -3% from last year.
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Allendale Insider
Allendale Insider
On The Go
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Livestock begin to question, when is enough enough?
November 28, 2023
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Corn posts new lows. Argentina could offset Brazil’s light production hit.
November 28, 2023
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Traders wait for clarity on Brazilian weather. Corn and wheat post new lows.
November 27, 2023
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New downtrend lows for cattle and hogs.
November 27, 2023
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Livestock end the week with a meltdown. The culprit may be consumer concerns.
November 24, 2023
On The Go
November 28, 2023
November 28, 2023
November 27, 2023
November 27, 2023
November 24, 2023
Market Movers
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Open interest continues to fall drastically
November 29, 2023
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Overnight reacting to slow BRA planting pace and may be looking for new China buying
November 28, 2023
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Trade Holds On To Hope Of China Purchases
November 27, 2023
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Strong Exports Expected
November 24, 2023
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Cash Cattle Steady For the Week
November 22, 2023
Market Movers
November 29, 2023
November 28, 2023
November 27, 2023
November 24, 2023
November 22, 2023
Snapshots
Snapshots