National Ag News

Cattle country was quiet on Monday afternoon with both bids and asking prices poorly defined. The new showlists appear to be generally larger than last week especially in Kansas and Nebraska. The fact that futures continue to spin lower may delay the development of asking prices with producers waiting for signs of greater market stability before pricing inventory. The kill totaled 117,000 head, even with a week ago, but 7,000 more than last year.

Boxed beef cutout values were weak on choice and higher on select on light to moderate demand and offerings.

Continue reading Showlists appear larger than last week at Brownfield Ag News.