Traders are entering the month of August with optimism that strong momentum built at the end of July will redevelop in cattle futures. Spot-month live cattle and feeder cattle trade set short-term highs Friday, setting the bar even higher during early August.
Although soybean rust has not yet been observed in Kentucky this year, it is likely present in the state. Soybean rust was recently reported in southern Illinois (Union County, IL). […]