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...
by Paul Dykstra | Oct 9, 2019 | CAB Insider
MARKET UPDATE From a seller’s perspective, the fed-cattle trade continues to improve, with last week’s numbers making it the third straight week of higher prices since September 9th. Feeders gained a tighter grip on the trade with each passing day last week. Earlier...
by Paul Dykstra | Sep 25, 2019 | CAB Insider
MARKET UPDATE Cattle market fundamentals are starting to have some impact to stabilize and move prices higher in a slow but steady fashion. The September 1st Cattle on Feed report indicated placements during the month of August down 9% under a year ago and an “on...
