Feeders found another gear today, helping to lift the cattle complex even as the industry keeps a close eye on another confirmed case of New World Screwworm, this one even closer to the U.S. border. That’s adding to the growing questions about when—or if—the border will reopen. Cash cattle trade this week remains uncertain, while the hog market is beginning to fully digest the significance of the ASF case in the EU, a story that’s becoming bigger by the day. Over in the grains, soybeans extended losses on this Wednesday, while ethanol production numbers were released, giving traders another piece of the puzzle as they watch demand trends unfold.
Joe Kooima with Kooima Kooima Varilek shares the Wednesday Market Wrap Up
