- Posted
The cattle market is running into some technical resistance in the trade, even as strong growing conditions over the…
Even with volatility still hanging over the cattle trade, strength in the feeder cash market is stealing attention this week—even as supplies in the South remain tight. On this week’s Cattle Chatter, Brad Kooima with Kooima Kooima Varilek takes a close look at the waning August contracts and the ongoing struggles for Texas feedlots. With a new Cattle on Feed Report due out Friday, he shares his early expectations. Boxed beef continues to inject energy into the trade, but Brad also raises a yellow flag of caution when considering the bigger picture for the cattle markets.