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...
Sign of the times

Sign of the times

MARKET UPDATE The fed cattle market average last week was steady on the week prior with a $115/cwt. average on a live basis and $181/cwt. dressed. Throughput in the packing sector was exceptional again with a 657K head total federally inspected harvest. One should...
Cull cows and the lean market

Cull cows and the lean market

MARKET UPDATE Cattle and boxed beef markets have posted significant gains over the past two weeks in a continuation of what has been an impressive recovery since the unsettled markets of August/September. Negotiated fed-steers and heifers last week averaged $113/cwt.,...