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.
