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The cattle market is running into some technical resistance in the trade, even as strong growing conditions over the…
The struggle bus is rolling through the cattle markets this week as cash prices take a noticeable hit. On today’s Cattle Chatter, Brad Kooima with Kooima Kooima Varilek breaks down the recent setback in pricing and how plant issues in both Texas and Nebraska may be playing a role. He also weighs in on consumer demand—could pork be edging beef off the meat counter? Plus, a look at what the current cash basis is telling us about market direction.