Last Friday set the stage for this week's cash cattle trade as packers actively pursued purchases late into the evening, signaling strong demand. On this week's Cattle Call, Brad Kooima with Kooima Kooima Varilek discusses the potential for another round of toe-to-toe action this week, with expectations for higher prices. Technical challenges have emerged in the trade, with a market correction likely on the horizon as open interest increases alongside the rally. In the South, cattle weights remain heavy, adding another layer of complexity to market dynamics.

If the bottom is in for cash cattle, the market is showing signs of stabilizing after dealing with the recent fund roll. On this week's Cattle Call, Brad Kooima with Kooima Kooima Varilek dives into the actions of this week's trade. As we head toward Friday’s Cattle on Feed report, the industry is paying close attention to key regional dynamics: empty pens in the North suggest tightening supplies, while the South is still pushing heavy cattle. Packers appear to be running close to the knife, meaning they may be managing supplies more carefully as they balance tight cattle inventories with slaughter needs. Heading into the fall, the cattle market has a mixed feel, with optimism about tighter supplies potentially supporting higher prices, but continued caution due to heavier southern cattle and packer margins.

The movement in the stock market has undoubtedly influenced the cattle market, adding some volatility. There is potential for the cash cattle market to firm up, especially if demand remains steady or improves. On this week's Cattle Call, Brad Kooima with Kooima Kooima Varilek looks at the roller coaster ride of this week's trade. The question of whether shortened processing capacity in the East will pull more cattle from Iowa and Nebraska is a valid one. If Eastern plants reduce operations, we could see more demand shift to the Midwest, potentially increasing cattle movement from states like Iowa and Nebraska to meet that need. This could support cash prices in those regions as processors look to maintain supply chains.

The futures markets responded positively early in the week to the August cattle on feed numbers, signaling optimism among traders. On this week's Cattle Call, Brad Kooima of Kooima Kooima Varilek discusses the potential for higher cash prices by the end of the week, despite some weakness in boxed beef prices. As we approach the Labor Day weekend, there is hope for strong beef demand, which could further support the market and bolster cash prices.

Boxed beef prices were higher in the early part of the week, prompting a closer look at the overall cattle market through the lens of perception versus reality. On this week's Cattle Call, Brad Kooima with Kooima Kooima Varilek discusses how external factors, from the stock market to geopolitical issues, weighed on the market last week, but the anticipated "Armageddon" didn’t materialize. Looking ahead, cattle numbers in the North are expected to continue tightening, adding further pressure to the market.

The cattle market experienced a couple of ugly days, with significant noise affecting overall sentiment. Cash is currently up for grabs, with many bids being passed over in the North. It's essential to remember that the stock market is not the economy, though concerns about another black swan event persist. Amidst these worries, market participants remain cautious as they navigate the uncertain landscape.

The market tone feels tired for cattle, with cash expected to trade steady at worst this week. On this week's Cattle Call, Brad Kooima with Kooima Kooima Varilek talks kill cuts are becoming prominent as the industry strives to stay current with processing needs. Looking long term, there's growing concern about when the shortage of slaughter cattle will begin to add more pressure to the market. This potential shortage could lead to increased competition among buyers and higher prices, further complicating an already challenging market environment.

Cattle trade has been decent this week, with early steady cash activity out of the South, while the North might wait until Friday to finalize deals. On this week's Cattle Call, Brad Kooima with Kooima Kooima Varilek examines the factors influencing the trade. Many processing plants are shifting to 32-hour work weeks, highlighting the long-known issue of insufficient cattle supply. Additionally, external pressures from the stock market and fluctuations in the corn market are adding to the challenges faced by cattle producers.

The old saying "when county fairs come around, so does the seasonal drop in the cattle market" rings true this year. On this week's Cattle Call, Brad Kooima with Kooima Kooima Varilek examines the early steady trade in the south that is setting the tone for the week. He discusses the steep discount in the trade and whether the pressure will come from the cattle on feed report. Additionally, word from the USDA is that the July Cattle Inventory report will not be released. Brad explores what this means for producers moving forward and how they might need to adjust their strategies without this critical data.

"Why the drop?" "Is cash at a record high?" "What are packer margins?" These are just a few of the questions circulating in the cattle trade this week. On this week's Cattle Call, Brad Kooima of Kooima Kooima Varilek delves into the trade action, examines boxed beef numbers, and discusses the influence of algorithms on the market. He explores how these factors are setting the market tone for the rest of the week, providing valuable insights for industry stakeholders.

Cattle producers experienced a strong week of selling opportunities as the demand for beef remained robust. On this week's Cattle Call, Brad Kooima with Kooima Kooima Varilek breaks down the moving factors in the trade. The Dodge City, KS plant is expected to be back online by Friday, alleviating some of the pressure on other plants that have been processing extra cattle to meet the surge. The fast pace of buying and processing has raised questions about the longevity of the current bull market, especially given the tighter cattle numbers in the northern regions.

Despite the absence of significant news, the cattle market saw an upward trend. On this week's Cattle Call, Brad Kooima with Kooima Kooima Varilek looks at contributing factors include smaller show lists and the earlier movement of cattle from feedlots.