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The cattle market is running into some technical resistance in the trade, even as strong growing conditions over the…
The cattle market kicked off the week facing month-end pressure, lingering uncertainty around Brazil tariffs, and the impact of widespread rains that are helping pasture conditions and encouraging more heifer and cow retention. Joining us this week is Joe Kooima with Kooima Kooima Varilek. Traders are still digesting last week’s reports, which continue to shape early-week market tone. The bright spot? Cash trade is stronger once again—and beef consumption is up 4% year over year, a positive sign for long-term demand.