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Japan might increase the amount of agriculture trade conducted with the U.S. through potential trade deal that was announced by President Trump following a meeting with Japanese Prime Minister Shinzo Abe.

Industry-wide average cattle feeding margins improved last week, while pork producer margins declined.

Cattle feeding margins improved modestly on higher cash prices last week. Packer margins declined slightly.

Cattle feeding margins declined $34 per head last week as cash cattle prices fell $2 per cwt. , leaving closeouts $5 per head in the red.

Feedyard closeouts continue flowing red ink while packer margins hover around $300 per head.

Profit margins for cattle sold for slaughter last week declined $55 per head, according to the Sterling Profit Tracker.

Cattle feeding margins declined by $80 per head last week as cash prices slumped $1 to $2 per cwt.

Cattle feeding margins are rapidly declining as cash cattle prices retreat from spring highs

Cattle feeding margins improved $16 per head last week as cash prices inched higher less than $1 per cwt.

Cash cattle prices improved $1 per cwt., helping lift feeding margins to $118 per head, according to the Sterling Beef Profit Tracker.

Japan stops buying some Chinese rice straw on swine fever risk and the feed is vital for Wagyu. It could result in a supply loss may boost Wagyu price.

For the first time since December, 2017, cattle feeding margins have exceeded packer margins in the Sterling Beef Profit Tracker.

Remaining cattle feeding profits were erased last week with a $4 decline in the cash market.

Cattle feeding profit margins retreat further with a weaker cash market and limited packer interest.

Average cattle feeding losses totaled $106 per head for the week ending June 21.

Cattle feeding margins slipped as the cost of feeder cattle increased in last week's closeouts.

Cattle feeding profits improved with $1 per cwt. higher cash prices and lower feeder cattle prices calculated against last week's closeouts.

Feedyard margins improved modestly last week - though still in the red - the result of lower feeder cattle prices calculated against closeouts.

Last week's $2 per cwt. decline in cash cattle prices left feedyard margins at near breakeven levels.