Beef’s economic indicators point to overall improvement during June. Seven out of eight economic indicators measured in Drovers’ analysis point higher, pulled by rising beef demand. Boxed cutout prices during the month of June averaged $115 per hundredweight compared to $100 per hundredweight last year, and the retailers demand more. Packer margins are good but slaughter rate is down, causing the only sideways arrow this month. Higher fed cattle prices and lower production costs put feeder margins in the black during June, but declining feedyard margins are likely during the remainder of the summer due to higher feeder calf prices that push breakevens up. Broiler and pork production are down during June so retail prices are up. That’s good news for beef sales.