June Class News Today

With a contracted beef cattle herd, there is demand for beef from dairy-beef crosses and dairy cull cows.

The market for new Class 8 trucks in the U.S. continued to defy expectations in June, with manufacturers reporting sales of 24,085 units for the month.

Truckload and multimodal carrier J.B. Hunt told analysts on an earnings call Tuesday that it’s still too early to tell how the 2023 peak season for freight will turn out. The post Loaded and Rolling: J.B. Hunt’s Q2 freight bottom-cycle blues appeared first on FreightWaves.

With the recent rally in the Grain Market, Beef struggle to find momentum but still holding very solid numbers.

The Beef Market finally hit some resistance, as both retail and Cash prices under pressure.

Grains rallied yesterday, somewhat driven by drier drought conditions in key grower areas.

The Beef market rally continues with no sing of slowing down.

The Cattle market kicked the week off with a bang as prices rallied following a long weekend.

July Corn rally extended to 4 consecutive days prior to the Memorial Day Weekend, as traders await USDA Crop Progress Report coming out later today.

Live Cattle opened Friday with Contract highs, however fell slightly as markets close.