No heat impact to cattle weights is noted. July 21, 2022
This week's cash trade, and today's weight numbers, have cooled bulls a little. Cattle weights were a surprise today. In the first week of July steer weights rose to now 5 lbs. over last year. In the last week of June they were -1. Heifer weights were unchanged from the prior week at +2 lbs. from last year. Both rose on week to week basis. So far, this is no sign of a heat impact after three weeks of this threat in place since mid-June?
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Possible light fund short covering yesterday
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Funds sellers of 21K, slightly higher support due to exports
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SA maps still look solid for rains in the 10 day
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