Cattle market had a better then expected week on the meat last week. Demand was good, movement was better. Cattle on Feed Report. Packers big margins. Trade helped by what goes on in the south. Such a complete absence of negotiated cattle on the south. How does that effect in the north? August cattle? Short term some excitement, long term has some struggles. Expansion faze over? Is there follow through buying support for the hogs? China & purchases. Lower grains with a big drop in the soybeans. Long term friendly on the grain market, weather was “perfect” for those who set out to wanting heat or rain.