Market Line: Recent Episodes
AG INFORMATION NETWORK OF THE WEST
This program is a market intelligence report. Farmers and ranchers can get the numbers anywhere, what they truly want is information that tells them what moved the numbers and any special information that will give them a hint as to where the market is headed. M att Rice, graduate of the University of Idaho. In addition to voicing and producing the daily Market Line report, Matt is also Director of Business Development for CAYAC (Cattle Auction Advertising Co-op). CAYAC is a separate company operated under Allen Media, Inc.
Growing up in a farming and ranching community in Northern Idaho Matt spent summers competing at high school and college rodeos in tie-down and team roping and at sanctioned rodeos with his brothers and father. On most summer weekends you will still find Matt in a roping arena, training horses or being a tough competitor on the NW Rodeo circuit. Matt earned money for college working at a prestigious western horse training facility where he found he not only had a gift for training horses but also the ability to relate to a host of different people from clients, staff even renowned trainers like Clinton Anderson who would visit for clinics. Matt shares His passion for western agriculture and the cowboy way of life on air and with everyone he meets.
Cattle futures finished the day mixed, as shorter contracts were weaker in both Live and Feeders.
Corn and Soybeans finished the month of August in the red despite a flash sale to Mexico.
The Beef Market finished the month of August strong, as exports increased 35% for the month.
Demand uncertainty continues as tighter supplies and hot weather play a role in the Beef market.
Feeders take 1 step forward and 2 steps back as pressure builds, despite the bullish USDA report from last week.
The Beef Market picked up the slack as lighter than expected “Cattle On Feed” numbers came out from Friday’s report.
Above average temperatures could create poor crop conditions as traders keep an eye on the upcoming forecast throughout the Midwest.
Both Feeders and Live Cattle finished yesterday lower at the close, despite a weaker feed prices.
The Beef Market continues to impress traders, as analysts still not sure we’ve hit the top.
Cattle continue to cool off, as consumers tighten up and Inflation adds more strain on the market.
The rally in the Beef market cooled off as Feeders hit new highs, but closed the session in the red.
The Beef Market continues run the flag up the ladder, as Feeders moved the mark $4 higher throughout last week.
The Beef Market continues run the flag up the ladder, as Feeders moved the mark $4 higher throughout last week.
The Beef Market continues to impress traders, as Exports trend lower on the 4 week average.
Live Cattle gave back most of the gains from the day before, as Feeders finish the day mixed but overall very solid.
Live Cattle finished the day lower, as higher feed prices continue to play a role in the markets
The grain market struggled to create demand yesterday following the weekly corn export report.
The Cattle market was mixed yesterday, Live Cattle continue to run and Feeders pull back slightly.
Cattle futures holding steady following the Cash market as buyers remain aggressive despite higher feed
The Beef Market finished the week with a rally, despite historical downturns during this timeframe.
The Beef Market struggled to find a rhythm as analysts remain concerned higher prices could slow consumer demand.
Traders continue to digest last Friday’s acreage report, along with the upcoming weather forecast.
Market’s continue to digest Friday’s USDA acreage report, with over 2 Million additional corn acres planted
Corn fell sharply lower Friday, giving the Beef Market a chance to capitalize on cheaper feed.
The Corn Market gave back all of this week’s high’s as poor crop conditions fuel the fire.
The Grain Market took it on the chin yesterday, while the Beef Market saw and opportunity and pounced.
The Beef market eased up yesterday, as grain volatility is something traders are keeping an eye on.
Pressure in the Beef Market continues as Live Cattle prices drop over $2 at yesterdays close.
With the recent rally in the Grain Market, Beef struggle to find momentum but still holding very solid numbers.
The Beef Market finally hit some resistance, as both retail and Cash prices under pressure.
Grains rallied yesterday, somewhat driven by drier drought conditions in key grower areas.
Outside markets pump up the Beef Market, as consumers begin to gain confidence adding buying power.
Cattle continue to find demand as traders await the direction, some suggesting we’re looking at an overbought market.
Another solid run in the Beef market yesterday, following increased demand from Brazil.
Strong fundamentals continue to build as the Beef Market touches contract highs once again.
The Cattle market kicked the week off with a bang as prices rallied following a long weekend.
July Corn rally extended to 4 consecutive days prior to the Memorial Day Weekend, as traders await USDA Crop Progress Report coming out later today.
Despite a rough start the trading day, cattle found momentum and rallied back to finish the day higher once again.
Traders eagerly awaiting the cattle on feed report coming out later today, highlighting tighter supplies which is one of the factors driving prices.
Feeder Cattle continues to inch higher, despite some growing concerns among consumer demand.
Feeder Cattle led the rally in the Beef market last week, as the approach the $230 mark.
Cash Cattle trade softened a bit yesterday, consumer demand remains to be the big question.
Higher feed prices puts the Beef Market in a sideways channel, however demand remains strong.
Tighter supplies in the beef market continue to be a focal point, as we’re seeing some of the smallest herd numbers since the 60’s.
The Corn market continues to rally following grain corridor concerns after drone attack.
Cattle saw some slight pullback Monday, following cash prices as demand concerns linger.
Despite mixed trades Friday, the Live Cattle Market finished the month of April $3.32 higher.
Corn continues to fall in an oversold market, despite solid planting efforts in the Midwest.
The Beef Market saw some slight pullback yesterday, but overall Cattle are looking really solid.
Last weeks weekly cattle on feed report, drove prices higher despite consumer concerns of higher priced beef.
Feeder cattle found momentum once again, as traders eagerly await the Cattle On Feed Report coming out later today.
The Corn market landed in the red yesterday after news of Argentina production slowing along with lower weekly exports.
The Wheat market received some bearish news yesterday as ending stocks were lower than expected.
The beef market continues to stay on an upward path, following suit with strong cash prices.
The beef market took advantage of weaker grain prices, as trade concerns with China rise.
The beef market took advantage of weaker grain prices, as trade concerns with China rise.
A strong beef market has consumers cautious about spending, which could create a problem further down the road.
Bearish trends from outside markets trickle into grain prices, as recession fears continue.
Higher Corn prices put a bit of pressure on the cattle market, but overall beef really holding very strong.
Cattle finish March with a bang, as the Beef market puts together a string of hot runs.
April Live Cattle post new contract highs, as the beef market continues to rally with no signs of weakening.
Beef production expected to decline during the 2nd QT, uncharacteristic for this time of year.
Analysts fear a poor economy paired with the recent banking crisis may slow consumers beef consumption.
Oversold conditions in the Cattle Market along with lower beef production continues to drive prices higher.
A neutral “On Feed” report has the cattle market on edge, as traders consolidate as the week kicks off.
The Corn market starting to heat up as Export showing signs of life, but still not on pace with USDA predictions.
Beef production down 6.3% last week compared to last year, normally this time of year we see an increase in production.
Up up and away, the beef rally continues to stay on course taking out new highs once again.
Wheat continues to lack traction while corn futures remain mixed as buyers step in after hitting 6 month low.
The cattle market finished the week on a high note following the USDA “On Feed” report.
With Markets closed yesterday due to President’s Day, let’s take a look at Friday’s market recap with Oliver Sloup.
The Beef market has consumers on edge as the Fed’s suggest more Rate hikes in the near future.
USDA projects 87 million planted Soybean acres, with a national avg. of 52 bushels/acre.
Another mixed day in the beef market, as traders holding out to see how the supply chain might change things.
An overbought Cattle Market adds pressure to the already diminishing supply, with beef production down 7.6% compared to last year.
Wheat futures lead the grain rally Friday, but concerns rise over global exports on the Black Sea.
More uncertainty in the Beef Market as cattle traded on both sides of unch, with little variance in either direction.
April LE traded both on sides of unch after marking new highs in the past 4 sessions to finish the day in the red.
Continued consolidation in the Corn Market drives prices lower, as Brazil markets play major role.
Unexpected rainfall in the forecast for Argentina brings additional stress to the Soybean market.
The Corn market found some optimism in weekly grain exports, which helped in the overall grand scheme of things.
The Cattle market continues to build demand, even with solid feed prices and a rocky start the year.
April contracts pick up more momentum in the cattle market, with uncertainty still a major factor.
Feedlots holding out for higher cash cattle prices, but stronger corn prices are putting a cap on the market.
Corn exports find themselves in lower than expected numbers, directly reflecting an increase in sales.
Cattle begin to look for direction from the Cash market as prices declined at yesterdays market close.
Beef production trying to catch back up after that week of delay during Christmas break storm.
Beef found some nice momentum yesterday as Feeders gained nearly $4 as markets came to a close.
Markets were closed yesterday in observation of the New Year Holiday, so let’s hear the recap from last week with Oliver Sloup.
Feeder Cattle finish the year on a high note, as markets wrapped up the 2022 trading year.
Cattle look to finish the year on a high note, as today marks the last day of trading for 2022.
The Beef Market pulled back a little yesterday, looking for direction from the Cash Market.
The Corn market saw a nice rally to kick of the week, while corn exports hit the higher end of predictions.
With markets closed yesterday, we’ll take a look at where the markets finished last week, but first let’s go to Oliver Sloup with the CME Group to hear more.
Corn managed to hold onto March contracts, while drought conditions persist in South America threatening crops.
With another Fed Rate hike Wednesday, markets across the board tightened up as traders absorbed the news.
The cattle market continues to rally with support from the Live Cattle market and Cash market.
Hot and Drier weather expected this week in Argentina, with some much-needed rain in the upcoming forecast for crops.
Weaker feed prices gave the beef market some momentum along with more demand from packers.
Fed Chair indicates slowing pace of rate hikes, but how will this effect the cattle Market?
Traders keeping an eye on Cash Cattle prices along with tighter packer margins as we near the end of the year.
The Beef market finds itself in a holiday hangover as stocks find themselves in the red.
Markets were closed yesterday due to Thanksgiving, but here’s the recap from Wednesday.
Markets were closed yesterday due to Thanksgiving, but here’s the recap from Wednesday.
Export Beef sales continue to see lower than normal averages, which partially played into yesterday’s pullback.
The Cattle Market continues to surge following a bullish “Cattle On Feed Redport” and weaker feed prices.
Drought combined with drier weather has Wheat crop conditions on the ropes as wheat enters dormancy in the MidWest.
Weaker demand in the beef market adds to the continued down slide as Live Cattle continue to fall.
A weaker cash market and higher corn prices put cattle against the ropes as the week came to a close.
Corn finds itself in choppy waters, delivering lower export expectations than expected.
Lower Corn Export sales drew prices lower as they reached lowest export levels since 2012.
Lower Corn Export sales drew prices lower as they reach lowest export levels since 2012.
Increased global wheat supply drives prices lower along with the Fed’s Rate Hike yesterday.
Softer feed prices give the Beef Market a nice boost of confidence as Feeder Cattle prices climb.
Cattle continue to see demand as they move higher for the 4th day in a row, moving out of sideways channel.
Wheat cooled off after yesterday’s short rally while tensions remain along the Black Sea region.
Grains were steady to mixed as the week came to a close, as Wheat exports touch 50 year lows.
The Wheat market shrugged off a bearish WASDE report from earlier in the week to pick up demand.
Shipping channels re-open on the Mississippi river after a brief hiccup for grain exports.
Drier weather in the Midwest could drive more cattle into the market sooner than expected.
Cattle firmed up yesterday, as traders witnessed a short run up throughout the beef market.
Export sales in the Beef Market were surprisingly better yesterday, but will it be enough to keep the market headed in the right direction?
The Beef market continues to keep an eye on growing concerns of a slowing economy and recession fears.
Recession fears continue to trickle into the beef market as traders predict a decrease in demand.
Poor weather conditions in India, China, and Pakistan current flooding conditions will play a big role in the global grain market.
All eyes continue to focus on the weeks upcoming USDA report for commodity yield estimates.
Stocks rallied Friday across the board and as you might expect the Beef Market followed suit.
Grains rallied into the 3 day weekend, as markets were closed yesterday in observation of Labor Day.
Cattle were mixed yesterday, as crude oil hit a wall and with some commodities following suit.
The Corn Market witnessed the lowest Stock/ Usage report, since the 95/96 growing season.
Supply and demand continues to be the main character as Corn crops expected to come up short.
Markets across the board shifted lower following Jerome Powell’s speech Friday, regarding increased Interest Rates.
Bearish factors line up in the Soybean market, while Corn and Wheat find strength in the market.
Despite a Bearish “On Feed” report from the beef market, cattle held their own yesterday.
Soybeans found momentum yesterday as crop conditions excelled with cooler temps and more moisture.
The Cattle Market continues to climb as Feeder Cattle broke through to a new high yesterday.
The Cattle Market found momentum yesterday as demand picks up with news of China suspending Imports to Australia.
The Feeder Cattle Market gave back some of Friday’s gains but holding steady despite higher feed costs.
Tighter supply in the beef market drives prices higher, along with weaker feed numbers.
The Soybean market continues to see volatility through the week, as tensions rise between the US and China.
Demand concerns continue to rise in the Beef market as traders fear potential backlash from recent GDP numbers.
Excessive heat and drier forecasts continue to put a dampner on crop production, ultimately creating more demand.
Tighter supplies in the Feeder Cattle market continue to drive demand, but Fed rate hikes could put a twist on things.
Grain was under pressure once again with the excessive heat wave across the United States.
An increase in beef exports gave the market a boost, as futures rallied Friday to finish the week.
With a steady cash market and higher temperatures throughout the country, live cattle are on the rise
The Beef Market hit the ground running yesterday, as demand picked up with tight supply.
Corn continues to trend upward as another heatwave rolls in creating more volatility in the market.
The beef market saw mixed trading last week, as cattle producers gear up to battle more heat in the coming weeks.
With higher feed prices and inflation fears rising, the beef market cooled off yesterday.
Feeder Cattle shot up yesterday as traders continue to keep an eye on the heat wave moving through the Midwest.
The Beef Market hit the ground running yesterday, as demand picks up with tight demand.
Technical indicators suggest short-term lows in the corn market with drier forecasts in the coming days.
With more extreme heat forecasted across much of the Midwest, continued stress could factor into the market over the next couple weeks.
Increased export sales gave the beef market a much needed boost as prices surged as markets came to a close last week.
Grains struggled last week as the market came to a close despite the Bullish USDA Report.
US corn crops decline across several states, meanhwhile wheat harvest ahead of schedule.
Feeder Cattle finished the week battling higher feed prices, as lack of demand becomes an issue.
Market Line Report for Thursday, June 23rdCash Cattle Market struggles in Wednesday trading.
The cattle market ended the week strong with Live cattle futures rally with a cash market.
Stocks Fall and interest rates rise after the largest rate hike the feds have done since 1994. The rate hike played into the grain markets.
With inflation fears on the rise, the Beef Market takes a big hit as we start the week.
Wheat firmed up as the week came to a close, traders look for key factors to give market direction.
Corn bounced higher yesterday but dryer, hotter weather forecasts could become a problem as we make our way into summer.
Cattle Futures finished last week on shaky ground, rising input costs continue to make things difficult.
Corn Market sees correction, while talks of new shipment corridors create uncertainty in the market.
Weakness in Corn and Wheat, along with mixed weather playing key roles in the Beef Market. Larry Shover with the CME Group to explain more.
Upcoming rain forecasts across the MidWest offer temporary relief to some cattle ranchers.
Feeder cattle hit a new low finishing last week as traders remain uncertain about the upcoming “Cattle On Feed Report”.
The beef market continues to struggle as higher energy and food prices create change with some consumers eating habits.
November Soybeans find support in the market, closing in the green for the 5th day in a row.
The grain market kicked the week off with a bang as Wheat limits up, after Indiana banning exports.
Bearish factors continue to stack up in the cattle market, as prices fall to lows not seen since last October.
Wheat markets consolidate yesterday, outside factors remain constant with inflation, rising fertilizer and fuel prices.
Commodities started the week off with a rocky start, both corn and wheat lost traction as the trading day continued.
The Feeder Cattle market held firm last week despite fundamental issues including inflation and rising interest rates.
Wetter forecast could slow down the upcoming corn planting season, which is already behind the ball compared to previous years.
Live Cattle cooled off yesterday while Feeders hold steady, despite a run in higher feed prices.
Grains continue to see a rough patch, as bearish factors stack up driving prices lower.
Feeder Cattle kicked the week off with a bang, Aug. futures jumping up $5 in just one trading session.
Some profit taking cooled off the Wheat market last week, driving prices lower to finish the week.
Concerns continue in the Wheat market as some foreign countries looking at banning exports.
The Grain market really popped yesterday, both Soybeans and Corn saw big rallies while wheat held steady.
Cattle on feed seem to be shifting to lower production, which could prompt a rally in the coming months.
Wheat was steady to firm while Corn saw more demand, weather playing key role as usual.
The rally continues in the cattle market, as the market finds strength in demand and the upcoming grilling season.
Cattle make their way out of the trenches, finding momentum with a softer grain market.
July Corn continues to find support from Ukraine, fertilizer shortages and poor planting conditions.
Pressure rises in the cattle market, including higher feed prices, inflation, & supply issues.
Markets were closed in observation of “Good Friday” so let’s go to Terry Roggensack with the CME Group to see where we left off.
Supply issues continue to be top of mind for Wheat and Corn, while Soybean demand picks up.
As feed prices continue to run, Cattle struggle to find demand with prices falling back to June Lows of 2021.
Soybeans recovered following March 1 stocks report, showing new crops forecast much higher than expected.
With Fertilizer prices at all-time highs, crop yields could take a hit as farmers are forced to cut costs in production.
Dryer weather in Southern growing regions drive Wheat prices higher to kick off the week.
Underlying support remains constant in the cattle market, with a slight pull back but not enough to scare traders.
A weaker grain market left Feeder Cattle prices mixed Monday, while Live Cattle saw more red following the recent bearish USDA Report.
Uncertainty remains the biggest factor in the Wheat market, with Ukrain’s grain forecasted harvest to be down 50-60%.
Live Cattle finished yesterday steady on strong cash market, while Feeders Firmed up giving the market a much needed boost.
Global supply concerns in the Corn Market remain top of mind for traders, while the lack of New Crop has investors worried about upcoming yields.
Cattle Markets finished the week stronger, with help from the cash market and weaker corn prices.
Demand concerns in the Beef Market begin to stack up as more factors create a bearish tone.
Corn lost some momentum yesterday, however Wheat limited down as uncertainty drives volatility within the market.
Beef demand surges, as the market finds its pace picking up most of last week’s losses.
Cattle rebound, recovering some losses from earlier last week but grains ultimately calling the shots.
Cattle caught a bit of a break yesterday from the grain market, as the Feeder Market firms up.
The Wheat Market see’s some pull back following news of China Wheat Production dropping.
Cattle regain some losses from last week, some expecting tighter supplies to create more demand.
The Wheat rally continues with a full head of steam, but how long can we expect this run to continue?
The grain rally continues, with a drier forecast in South America the US could see exports increase.
Grain prices soar following news of Russia Invading Ukraine, some commodities reaching highs not seen since last summer.
Cattle cool off a bit, as winter storms linger but not enough to shake the market off course.
The rally continues in the cattle market, while Feeder Cattle look strong with continued support.
USDA revised the recent Brazilian Soybean Forecast, predicting less than expected production which would directly affect exports.
Live Cattle markets continue to hit new highs, while Feeders see over $4 ½ dollar runs in last two days.
Corn finished the week under pressure as negative technical factors continue to loom in the market.
Corn see’s technical limitations in the market as prices saw some resistance at key levels.
Feeder Cattle rallied to kick off the week, erasing last week’s dips after a very bullish Cattle Inventory Report.
Dryer weather in South America’s forecast could play a negative role in Soybean production, causing a ripple effect in the US market.
How a surge in Fertilizer prices could impact Soybean production plans in South America.
Corn and Wheat firmed up yesterday despite of the geopolitical concerns between Russia and Ukraine.
Tensions between Ukrain and Russia, sharply increase grain commodities over fear of export issues.
Fears of supply chain shortages has consumers on edge, which caused a slight pullback in yesterday’s cattle market.
The Stock Market was closed yesterday recognition of Martin Luther King Day, so let’s take a look at Friday’s recap.
Some investors suggesting the recent lull in Slaughter houses could boost production in the beef market.
Profits in the beef market give back previous gains, as Feeder Cattle follow Live Cattle trends.
Cattle held steady to finish the week, while demand in the beef market is expected to pick up in the coming months.
Poor pollination in Argentina corn crops could put stress on future yield potentials, causing rippling effects in the market.
The Cattle Market cools off, however prices still holding strong matching 30 day highs.
The Feeder Cattle Market looks promising as the new year starts, but what can we expect going forward?
. Markets were closed Friday due to the New Years, so let’s hear the recap from Terry Roggensack with the CME Group.
Soybeans found support from Brazil rain, generating some great rally’s to finish the week.
Feeder Cattle find their way up the ladder, taking advantage of strong demand and a lull in the Corn Market.
Most all of the profits from earlier in the week were swept away yesterday in the grain market as prices plunged across the board.
Cattle try to find their groove with the recent bearish On Feed Report and a rallying Corn Market
Markets were closed Friday due to the Christmas Holiday, so let’s recap with Virginia McGathey from CME Group.
Feeder Cattle firmed up yesterday, but higher feed prices reining in any kind of bigger rally.
Feeder Cattle take another blow, seeing a $7 drop in just 1 week as packers finish out orders for the year.
Cattle saw a nice bounce yesterday, but how much longer will we expect continued demand in the market?
Feeder Cattle trended lower yesterday, breaking through support levels causing some concern for traders.
An oversold Wheat market could see a change of pace as bullish factors start to line up.
Cattle rebound with more support from traders, however concerns of inflation still lingering.
The Beef market stayed on track to finish the week strong, despite lower cash prices and poor export sales.
Drier than normal weather in South America develops more buying opportunity, as they have seen far less rain than normal this season
Feeder Cattle traded weaker yesterday, testing new recent lows putting more pressure on the beef market.
Wheat continues to find success in the market as traders see more bullish factors adding up
Cattle Exports continue to boom, reaching record highs as prices continue to trend upward.
Cattle found a bit of resistance to start the week following the new Covid Variant but not enough to shake Investors.
Markets were closed yesterday due to the Thanksgiving Holiday, so let’s take a look at commodities 1 year ago as we’ve seen markets increase across the board.
The cattle market finished the week on a high note, following the recent Cattle on Feed Report.
Quality of Wheat in Australia takes a hit with recent heavy rainfall, driving US Wheat prices higher.
Live Cattle finished the week on a high note as Exports continue to climb driving futures higher.
Soybean crush finds momentum in Oct, nearing record highs reaching over 183 Million Bushels.
Soybeans took the cake in the grain market, while Corn dipped and Wheat found momentum.
Rising grain prices continue to play into the Beef Complex, putting a dampener on the market.
Oversold Soybean market relying on ideal crop conditions and weather in South America to help drive prices higher.
Wheat rallies, leading the grain market higher despite world stocks on the other end of the spectrum.
Recent USDA Report for Soybean crop production more positive than expected, as soybean yields landed within target range.
Cattle find demand, kicking the week off with more support and bullish factors starting to stack up.
Commodities saw red across the board, as the recent USDA reports shared more bearish news.
Wheat continues to rally with dryer weather proving to be a key factor as they hit contracts highs yesterday.
Cattle find resistance as demand slows, Feeders making their way back down the ladder as imports slow.
Grains found support in the market moving through the middle of the week with a nice rally.
Producers continue to keep an eye on rising prices of production and fertilizer which could leave a lasting impact.
Cattle gain some momentum in the marketafter Fridays Report, let’s go to Virginia McGathey with the CME Group to hear more.
Grains rallied to finish the week, but traders are keeping an eye on spiking Natural gas and fertilizer prices which both play major roles in the industry.
Traders concerned about effects of inflation, which could reduce consumer demand on higher priced beef cuts.
Soybeans bounce back after hitting last week’s lows, however lack of demand from foreign countries could slow the market.
Corn finds strength in the market, dryer weather and exports on the rise all contributing factors.
Cattle closed the week with better cash trade, giving the market a well-received boost.
Record high fertilizer prices could play a major factor in shifting Corn and Wheat to Soybean production.
Cattle see consolidation after the recent USDA report noting a sharp increase in beef production.
Corn Firms up while Wheat holds steady, as focus moves to demand as we begin the 4th QT.
Cattle finished the week on with a bit of confidence as markets held steady after the midweek rally
Beef exports reach record highs, topping $1 billion in August along with new annual record highs
Cattle firm up while boxed beef prices start to find solid ground and traders gain confidence.
Soybeans bounce off key support levels as traders eagerly await next week’s USDA report
Cattle continued to show signs of weakness to finish the week, while volatility in the market continues
An oversold beef market continues to show signs of weakness as Feeders give back all of yesterday’s gains
Soybeans facing bearish factors from harsh weather conditions to closures in processing plants in foreign countries
Feeder Cattle find more resistance after a bearish USDA report from last week as futures touch new lows
Box beef prices found a bit of resistance to the finish the week, however beef exports up 29%.