After much pomp, circumstance and glowing headlines, a global climate change agreement has been hammered out. Does it portend problems for the U.S.? That and more awaits you in this week’s Trending Headlines.
Bright spots were few and far between as calves and yearlings traded mostly $5-$12 per cwt lower to start the week before trending $10-$20 lower with instances of $25-$30 lower, according to the Agricultural marketing Service (AMS). Feeder cattle buyers also remain very cautious and very selective on quality and condition, quick to discount anything that is un-weaned and carrying too much flesh....More
The feeder cattle test auctions had a very large run with over 48,000 head compared to 16,000 head the previous week. However, prices continue to nose dive as CME prices drop due to falling box beef prices and other bad news items....More