Cash cattle still hovering around $240, futures up $1.50, and box beef prices dipping in July’s seasonal slump. 🐂📉

IAS Beef Specialist David Rueber dives into:

• Record‐high feeder cattle values (heifers at 337, steers at 368)
• Cheap wet feed + $4 corn slashing cost of gain
• Hedging strategies as break‐evens push past 230