Breaking News

Cattle Hit a Speedbump Last Week. Is This the End of the Bull Run?

Close the cows in the field by Lightstock via Istock

The futures markets in Live (LeQ25) and Feeder Cattle (GFQ25) last week witnessed profits from speculators and closed this week with a low closure per week on Friday. This indicates some of the pressure on the graph based early this week. Technical attitudes began in the near -term futures markets for live livestock and nutrition to deteriorate slightly. More importantly, cash livestock (GFY00) (ley00) and fresh beef markets also show moderate signs of weakness.

www.barchart.com
www.barchart.com
www.barchart.com
www.barchart.com

Cash livestock trade was relatively light. The US Department of Agriculture said late on Friday morning that the directives were brought on average $ 238.00, while the average wheels reached 237.00 dollars. The average cash livestock trade was reported in the previous week at $ 238.68, for the eighth consecutive week of high cash livestock. This series is now in danger. The US Department of Agriculture will report the average trading in the final cash livestock near the middle of Monday.

The fresh cow meat market has also started to see the prices slip. The beef meat report showed on Friday that wholesaler meat prices are mixed, with a decrease in the option of $ 3.29 to $ 390.50 and chose climbing $ 2.36 to $ 376.95. Select-Drage reached the new Friday for Friday, after the selection was made on the same Thursday.

The monthly livestock report at the US Department of Agriculture showed us in the afternoon Friday afternoon that livestock is 1 % away, which was close to trading expectations. The total cattle and calves on the feed for the slaughter market in the United States of Food with a capacity of 1000 or more of the head 11.4 million heads on June 1, 2025. The cattle stocks were 1 % less than 1 June 2024. The total number of feed in May was 1.89 million heads, 8 % less than 2024 and less than market expectations. The net places were 1.82 million heads. During the month of May, livestock and calves were less than 600 pounds, 335,000 heads, 600-699 pounds were 275,000 heads, 700-799 pounds were 450,000 heads, 800-899 pounds were 516,000 heads, 900-999 pounds were 230,000 heads, 1,000 pounds, and it was greater than 80,000 heads. The total livestock marketing in May was 1.76 million heads, 10 % less than 2024 and less than market expectations.

The chart that shows a graphic fee for the AI ​​may be incorrect.
www.usda.gov
The graph of the blue line and the content created by AI may be incorrect.
www.usda.gov
The graph may be with blue stripes and red lines content created by AI is incorrect.
www.usda.gov

Cattle producers and merchants during the weekend were closely monitoring the burning heat in the United States. It is possible that the temperatures that are close to 100 degrees, heat indexes are probably of 110 degrees, and the high winds cause some livestock stresses that will affect at least weight gain.

2025-06-23 19:00:00

Related Articles

Back to top button