Nearly half the year is over with and the triangulation of prices continues. This is expected to continue as packers appear reluctant to increase slaughter that would reduce their margins. More companies are sending out warnings for the 3rd quarter, as aspects of lower earnings and slowing business is foreseen.
NW_LS410 Des Moines, IA Wed, May 08, 2024 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $282.95 $274.10 ...
Grain futures had an impressive start to the week but that momentum fizzled yesterday afternoon and into today’s trade. Will technical support be defended?