Butt Branded Steer Prices Fall at Beginning of the Week

Butt Branded Steer Prices Fall at Beginning of the Week

There was light trading over the weekend on Butt Branded Steers (BBS) and Branded Bulls (BB). BBS prices decreased today to similar levels to the beginning of last week. There was interest for BB by a Chinese customer over the weekend, but there has been a significant decrease in the volume and frequency of buying BB over the past two weeks. 

The Jacobsen slaughter forecast for this week is 640,000 head, and if realized, will be 153,900 head more than the same week last year when it was 486,100.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Request a Free 7-Day Trial


    Please enter the level or reporting you're most interest in.

    Please select the area in which you are most interested in our reporting.
    Please select all areas of secondary interest to you.

*all fields required

More from the author

04.29.2021

Negative Price Pressure Building, Cow Hides Trade Lower

04.21.2021

March Home Starts Reach Record High

04.14.2021

Apparel & Leather Goods Supply Chain Complications Persist

Blog

05.04.2021

Fats, Oils, & Fuels Webinar 5/4/21: Customer Q&A

Fats, Oils, & Fuels Webinar 5/4/21: Customer Q&A

Video shorts from the Fats, Oils, & Fuels Webinar Report Our team of Senior Analysts break down questions from the live Webinar audience during the call on Tuesday, May...

05.04.2021

Soybean Oil Prices Set New Highs Despite Bearish Data

Soybean Oil Prices Set New Highs Despite Bearish Data

Vegetable oil futures were mixed on Tuesday as reports suggesting Indonesian palm oil production could rise by more than seven percent in 2021 weighed on palm oil prices. Meanwhile,...

04.29.2021

Profitability Continues to be a Moving Target for Hemp Operators

Profitability Continues to be a Moving Target for Hemp Operators

The economics of hemp production are a moving target at this stage of industry development.  A large part of this is due to the lack of historical hemp prices, and...

Latest Tweets

We are excited to announce that we have acquired @thejake1865, expanding and strengthening our agriculture business and bringing new insights and capabilities to our customers. ... Learn more: http://spr.ly/6019HddQb

#FastmarketsAgriculture #agriculture #acquisition

Join us at our first virtual Hemp Conference looking at Hemp Fiber, Flower and CBD - https://thejacobsen.com/events/hemp-conference #hemp #cbd #cbg #industrialhemp

Load More...