Cattle & Ranch Report June 26, 2024   Live Cattle: August and October fats pushed to a new high today.  While only by a fraction, it will be more than interesting to see if there is follow through, or a last ditch effort to resume a bull trend.  Open interest has been increasing slightly.  I…

Cattle & Ranch Report June 20, 2024   Live Cattle: The spread today between front end and back leads me to believe the industry is wrapping up the end of the holiday seasons for the summer and preparing for the doldrums.  Grocer and restaurant buying for the July 4th weekend is believed wrapping up as next…

Cattle & Ranch Report June 12, 2024 Live Cattle: Stagflation is painfully slow in declining, but it is. Nothing new today that I can see.  Boxes continue to rise, opening further margin to packers and rationing beef to the consumer.  I continue to see nothing to do in the live cattle market, as fewer do…

Cattle & Ranch Report June 5, 2024 Live Cattle: A slow start for a market with so much optimism.  Futures traders appear apprehensive to push premium, or even narrow the positive basis to a width that may have some benefit.  I think vertical integration has already taken a large step forward.  Consumers continue to battle…