As Choice Declines, Spread Widens

MARKET UPDATE Last week’s fed cattle market now seems as dated as the May corn planting progress report with the beef industry coping with the fallout from the Tyson Fresh Meats fire at the Holcomb, Kansas facility over the weekend. We must all take a step back and be...

Summer Quality Spreads Impress

MARKET UPDATE The fed cattle market is holding strong in late July within a narrow trading range. Last week’s pricing activity continued to show effects of excess supply in the South with $111/cwt. for the region, while live bids in the North were at $114-$118/cwt....

Promising Efficiency and Marbling Results

MARKET UPDATE Fed cattle prices couldn’t maintain the prior week’s $1/cwt. increase, drifting $2/cwt. lower in last week’s average, while Live Cattle futures led the market sentiment down Thursday and Friday. However, feedyards with hedged cattle continue to pocket...

Strong CAB Growth in Retail

MARKET UPDATE The disparity in fed cattle values between North and South has favored a premium for Nebraska and Iowa cattle since the spring. The weather-induced imbalance had only revealed itself to the degree of $1 to $2/cwt. until last week’s trade, when it...

Grid Guidance as Prime Presses Higher

MARKET UPDATE The fed cattle market remains entrenched in a pattern of lower prices over a number of weeks with Live Cattle futures dampening the feedyard outlook and keeping a lid on the cash market. Last week’s fed cattle price averaged $110/cwt., down a sharp...