It sure looks like the official start of grilling season must have been a success over the Memorial Day Weekend. I mentioned to all of you last week that I was anxious to see how beef movement (demand) looked after the holiday. Some analysts were of the opinion that fed cattle prices had peaked back in April when packers were increasing supplies to get ready for Memorial Day and that, most likely, fed cattle prices would soften somewhat as seasonally fed cattle prices drop back during the summer months – but that doesn’t look like the case. Demand must be...
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