China is set to release frozen meat supplies from its massive state reserves today in a bid to keep prices from increasing too much more, The Hightower Report said today.

Today’s trade may be key for establishing a trend cattle prices for next week. According to, TFM Cash+ said on barchart. “The cattle market may be looking to the USDA WASDE report on Monday and the next corn crop production numbers and the volatility that could bring into cattle prices.”

With the premium of December live cattle futures to the cash market and continued demand concerns in the US, according to the Hightower Report, “the market is hesitant to move much higher in the short term, even with the forecast for declining production.”

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Last year’s fourth quarter beef production was 127 mln pounds above the third quarter production, The Hightower Report said. This year, “it is…

Boxed beef cutout values this afternoon were lower on both Choice and Select, the USDA said.

Boxed beef cutout values this afternoon were higher on Choice and Select, the USDA said.

Boxed beef cutout values this afternoon were higher on Choice and lower on Select, the USDA said.

Traders had concerns about demand on Thursday.

Boxed beef cutout values this afternoon were higher on Choice and Select, the USDA said.

Boxed beef cutout values this afternoon were lower on Choice and Select, the USDA said.

In weighted average negotiated prices for barrows and gilts, USDA reported;

Cattle markets are watching beef prices, “already at the lowest level since May 12,” The Hightower Report said. “This reinforces the idea that…

In weighted average negotiated prices for barrows and gilts, USDA reported;

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