National Ag News

The main item of business in cattle country on Monday is the distribution of this week’s showlists. Last week’s business took place mainly on Wednesday at 127.00 to 128.00 in the South, $2.00 to 3.00 higher than the previous week, and mostly 210.00 in the dressed trade, generally 9.00 higher. Last week’s trade looked no better than moderate suggesting that packers could once again find themselves short bought by Wednesday or Thursday.

Even though the cost of inventory jumped last week, beef processing margins did a great job of staying ahead of the curve.

Continue reading Midday cash livestock markets at Brownfield Ag News.