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The cattle market is running into some technical resistance in the trade, even as strong growing conditions over the…
After posting record highs midweek, Thursday saw a market reset as boxed beef values moved sharply lower. On this week’s Cattle Chatter, Brad Kooima with Kooima Kooima Varilek talks about no sign of backpedaling on the looming Brazil tariff, and the trade is turning its focus to the upcoming July Cattle Inventory report—making its return after a year-long budget pause. This year’s data will be compared to 2023 figures, adding extra weight to the numbers. Cash cattle are expected higher in the north and steady to lower in the south. Meanwhile, concerns ripple through the pork sector as an