Kay’s Cuts: What ails the US cattle market?

A monthly column written exclusively for Beef Central by Steve Kay, publisher of US Cattle Buyers Weekly WHAT ails the US live (grainfed) cattle market? That’s the question everyone on this side of the Pacific is currently asking. Cash live prices the third week of July put in what was expected to be the low for the summer at US$114.64c per cwt. Instead, prices fell from the second week of August to put in a new low of US $109.68/cwt last week. Livestock and meat markets generally move in relation to supply and demand fundamentals. Tight supplies of cattle in…

Source: Beef Central
Kay’s Cuts: What ails the US cattle market?