Monday Market Sentiment

Monday Market Sentiment: Beef prices to keep cash market steady

Last week’s cash market results exceeded even the highest expert predictions, gaining $2.61 over the previous week. Wholesale beef prices keep charging higher and experts predict steady trading this week. ... Full story.

Monday Market Sentiment: Cash trade steady, supplies tighten

The cash cattle market is expected to remain steady with last week and could move higher with traders expecting to see 20,000 fewer total animals for sale compared with the previous week. ... Full story.

Monday Market Sentiment: Packers to pay more, grocers restock

Analysts expect packers to bid higher ahead of the first full slaughter week following Labor Day weekend. ... Full story.

Monday Market Sentiment: Market recedes with lower beef values

The rally of higher cash cattle prices ended last week as the market fell 20 cents. The 5-area price was 50 cents lower than last week’s Monday Market Sentiment and the drop ended four weeks of consecutive gains. Experts predict the market will recover with this week’s Monday Market Sentiment forecasting a 9 cent increase to $120.41 per cwt. ... Full story.

Monday Market Sentiment: Cattle higher with fewer placements

A survey of cattle-industry leaders reveals expectations for higher cattle prices as last week’s Cattle on Feed report showed lower-than-expected placements in feedlots last month. Market experts predict the cash market will gain another 30 cents, increasing to $120.82 per cwt this week. ... Full story.

Monday Market Sentiment: Higher beef prices support cattle market

Industry experts predict higher cash cattle prices to continue this week with retailers loading up on beef ahead of Labor Day weekend. The latest Monday Market Sentiment forecasts an increase of $1.22 to $120.72. ... Full story.

Monday Market Sentiment: Shrinking supplies recharge cash market

Packer bids and feedlot prices have yet to be posted this week, but clues point to higher prices in the cash market this week. ... Full story.

Monday Market Sentiment: Cash market turnaround to continue

Last week’s cash market was higher for the first time in three weeks, gaining $1.36. ... Full story.

Monday Market Sentiment: Cash market may be near bottom

Predictions by industry experts were mixed this week with some seeing a charge higher while others with a harsh outlook forecast further declines. ... Full story.

Monday Market Sentiment: Slowing beef demand limits packer bids

Hotter temperatures steer consumers away from outdoor grilling and heavy meals, curbing wholesale beef demand. The Monday Market Sentiment estimates a steady cash market as packers may offer lower bids but contracted supplies help keep bids from falling sharply until more cattle move off dry pastures and into feedlots. ... Full story.

Monday Market Sentiment: Cash cattle market continues to improve

Last week cash cattle prices improved for the second straight week. This week industry professionals forecast a penny increase in the average price for cash cattle, setting the Monday Market Sentiment at $117.06. ... Full story.

Monday Market Sentiment: Cash market breaks streak of losses

Last week’s improvement in the cash cattle market has industry professionals more optimistic for the week of the Independence Day holiday. This week industry professionals forecast a 27 cent increase in the average price for cash cattle, setting the Monday Market Sentiment at $116.86. ... Full story.