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Plant fire news moves beef prices

Plant fire news moves beef prices

Boxed beef prices continue to drop this week, according to Total Farm Marketing. Talk that the JBS plant that had a fire would be slow to recover drove the market lower yesterday, but news the plant is up and running supported prices today, according to The Hightower Report.

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

Hogs are trading “steady to higher on follow-through from bottoming action yesterday highlighted by short covering,” Total Farm Marketing said…

Cattle futures are being called “steady to weaker” after lower trade yesterday as prices consolidate after Tuesday, Total Farm Marketing said.…

Cash cattle seems to be in position to trend higher into the fourth quarter, The Hightower Report said today. “Per capita supply is tightening…

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