date:Aug 01, 2013
Where will USDA put their yield estimate? Their trend yield is 163.6, and last month they used 156.6. More discussion on this subject as we get closer to report release date.
Cattle market is looking for any positive news to push prices above the 127 resistance area in the October contract. This market has been stuck in a sideways range for some time. Product values for the last 3 years have had sharp rallies into the third week of August. Can it happen again in 2013?
Boxed beef was mixed wi