by Paul Dykstra | Jan 16, 2020 | CAB Insider
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%...
by Paul Dykstra | Dec 18, 2019 | CAB Insider
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...
by Paul Dykstra | Dec 5, 2019 | CAB Insider
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...
by Paul Dykstra | Nov 20, 2019 | CAB Insider
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...
by Paul Dykstra | Nov 6, 2019 | CAB Insider
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.,...
by Paul Dykstra | Oct 23, 2019 | CAB Insider
MARKET UPDATE The past two weeks have featured fed cattle prices in a slowly increasing trend with the 5-area weighted average in the range of $109-$110/cwt. The higher trending CME Live Cattle futures contracts encouraged a bullish mentality for the cash market up...
