Market Activity

Trading was quiet to start the week with no action reported. 

Cattle slaughter closed out last week at an estimated 664,000 head, up nearly 4% from the same week in 2017 and 1.5% higher from the week prior. Kills are forecast at 683,900 head this week as packers push to get cattle through the slaughterhouses ahead of next week’s holiday interruption. After the holiday week, slaughter looks to continue at an aggressive pace,…