date:May 04, 2012
Beginning in May-June, the industry sees the start of the market's bottom form. That price-bottom formation is helped by seasonal factors such as cattle hitting their prime growing season grazing on green pastures. Weather is a big market factor that drives the cattle market lower in the late spring/early summer time frame. How severe vs. how normal the weather is can help bounce the cattle market off its seasonal lows.
In the June-to-August time frame, U.S. beef demand could be curbed by high