Warming Weather, Cooling Markets This week cattle prices dropped, which is unusual for seasonal markets, moving into the spring and summer high-demand seasons. In fact, some had thought that the unseasonably warm weather across the East and Midwest might hurry the bullish market for beef, but instead we've seen a very quiet week for cash cattle. Perhaps we're testing the limits of consumers' price elasticity and the depth of packers' wallets with recent price run-ups. Look at this cooling off in price to be just that -- a cooling -- and nothing more. Demand will heat up over the summer, even if it is curbed at the top-end by retail prices. Farm Bill and Russia Trade Hearings There were a couple hearings on Capitol Hill today of inter...