
Packer losses have deepened to a staggering $295 per head as corn futures surge and boxed beef values soften — and that squeeze from both directions is putting hedging strategy front and center for cattle producers right now. Meanwhile, Brazil just raised its full-year trade surplus forecast to $90 billion, fueled by record beef exports that are eating into US market share. In this Tuesday market update, Brock and Jim break down the latest feeder cattle cash prices, including five to six wei...
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