This week’s cattle showlists are likely to show more ready cattle thanks to last week’s slower movement with unsold steers and heifers carried over. Furthermore the strong basis and wider spreads will encourage feeders to pull cattle forward, which may augment near term supplies.
Boxed beef cutout values in the morning report are higher, Choice beef 188.14, up .51, select 187.04, up 1.39.
At the Joplin, Missouri Regional Stockyards on Monday receipts totaled 5,000 head.
Continue reading Midday cash livestock markets at Brownfield Ag News.
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