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...
Beyond the storm

Beyond the storm

Beyond the storm   by Abbie Burnett November 19, 2019 Disappointing cattle prices loom like storm clouds. A third of producers are losing money, while others get by with modest returns and worry about those thunderheads. There are silver linings, of course. CattleFax...
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.,...
Squaring carcass value and calf prices

Squaring carcass value and calf prices

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...