Demand concerns, both US beef seasonally and from recession talk, remain.

In a clearly one-sided trade, live cattle futures confidently pushed to new lows for this general downtrend. Traders are preparing for the lower seasonal US demand period ahead after June. Feeders, with lower corn, managed moderate losses. Beef procurement last week was positive but the general trend is down.

This content requires a premium subscription.

Please login to your premium subscription to view this content in its entirety.


Forgot your password? Reset it by clicking here.
Need an account?
Try our FREE 1 week trial, no card required.
Interested in our Free Webinar?

Sign up now! 

Post Archives

Allendale Insider

On The Go

Market Movers


Trader Insights

Morning Wake up Calls