Prime seasonality

Prime seasonality

MARKET UPDATE The fed cattle market over the past two weeks has declined $3/cwt. from the January high of $124/cwt. The late January trend for the past two years saw cash fed cattle prices advancing moderately, yet four factors have recently pressured the market....
Opportunity cost of occupancy

Opportunity cost of occupancy

MARKET UPDATE A relatively quiet week in the fed cattle market last week with a sideways direction for the cash fed cattle price, now in its 4th week at the $124/cwt. level. Live Cattle futures, in the meantime, have been dramatically lower in recent days. The big...
Continued growth and demand

Continued growth and demand

MARKET UPDATE The fed cattle market continued on the same track last week remaining at $124/cwt. Fed cattle prices have now increased for 18 straight weeks basis the USDA 5-area Weighted Average Direct Slaughter Cattle report. The run has seen prices improve by 25%...
Carcass and maternal traits go hand in glove

Carcass and maternal traits go hand in glove

MARKET UPDATE Cash fed cattle prices remained firmer last week with instances of $120/cwt. live trade in Iowa, while eastern Nebraska saw the top end of $190/cwt. dressed, resulting in a weekly live average of $119/cwt. Two weeks ago the federally inspected 679K head...
Carcass value continues to motivate sellers

Carcass value continues to motivate sellers

MARKET UPDATE Cattle feeders took a firmer grip on the rope last week with a cash fed cattle price more than $2/cwt. higher than the week prior, although that detail is lost in the pricing table due to rounding. While negotiated cash volume was light, packer demand...