There are fewer cattle on feed. This fact will impact the market late October, November and December, which are peak demand periods. We should see this continue as we go into the early fall months. But with higher contract calves coming to maket we could see some upside there also. The beef complex has settled into typical summer seasonal trends.
Middle meats are ready available.
At last, Choice Top Sirloin Cuts are slowly dropping in price. Inside Rounds are a value. Look for Labor forward buying to help clean up the market in early August. We are expecting higher price contract animals coming to maket next week. This could mean higher over all prices on cuts that are in demand.