Consecutive days of Chinese purchases reported
Hogs also saw strength in carcass and cutout values
Excitement over record yields is tempered by weak prices
Improvements noted in central U.S. and both coasts
Cash cattle trade higher early this week
The smaller US cattle herd overshadows higher animal weights
Basis movement diverged among wheat classes
We review this growing season’s reports
The winter forecast shows chances for higher than normal precipitation
Dry fall conditions persist in the region

Spencer Langford