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Friday, January 15,2010

Fed cattle market firm

Optimism boosts feeder cattle markets nationwide.

by WLJ
After very limited trade in the southern Plains during the previous week, cattle feeders in Texas sold cattle early last week with Wednesday trade coming in the $85-85.50 range on a live basis. Corn Belt trade occurred in a range of $136-138 dressed while live cattle sold at $84-85 in the region. The advance in the boxed beef markets

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Friday, January 8,2010

Fed cattle prices continue their rebound

Strength also helps feeder cattle markets ahead of winter storm.

by WLJ
Early fed cattle trade last week in the Corn Belt was reported in a range of $134-136 dressed while Kansas dressed trade was at $136. Southern Plains feeders were slower to get started as winter weather swept across the Plains, leaving some with expectations of higher prices. Trade was expected

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Thursday, December 31,2009

Export shipments, byproduct values help drive market

by WLJ
Fed cattle trade was slow getting started ahead of the New Year holiday last week with very little action in the market at midday last Wednesday. There were some bids in Nebraska at $135-136 dressed basis, a $3-4 increase from the previous week, that were expected to set a similar tone for southern Plains trade in the range of $84-85 live basis, up $3 from

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Thursday, December 24,2009

Weather impact helps push fed trade higher

by WLJ
In an effort to wrap up trade ahead of the long holiday weekend and an approaching winter storm, fed cattle trade started on Tuesday last week with live cattle in the southern tier selling mostly $1 higher at $82 live in Kansas and $83 in Texas. Dressed trade in the northern Plains and Corn Belt traded mostly $3 higher than the previous week

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Friday, December 18,2009

Fed prices trend higher

by WLJ
Fed cattle trade developed $1-2 higher on limited trade early last week with cattle feeders in Kansas selling at $80-81 live basis. Feedlots in the Corn Belt sold dressed cattle at $126 in Iowa and in a range of $126-128 in Nebraska, weaker than

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Friday, December 18,2009

Stan Weaver honored with MQHA Heritage Award

by WLJ
Each year, the Montana Quarter Horse Association (MQHA) honors an individual who has positively impacted the growth of MQHA and the promotion of the American Quarter horse. The award is determined under the direction of the Board of Directors. MQHA is an affiliate of the American Quarter Horse Association (AQHA).

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Friday, December 11,2009

Market falls $2-3

by WLJ
Fed cattle markets traded lower last week despite conventional wisdom that the powerful winter storm that swept most of the country should have helped prices. Wednesday trade in the southern Plains was light to moderate in volume at $79-80,

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Friday, December 4,2009

Fed trade reported at prices steady to $1 lower

by WLJ
Early fed cattle trade last week was steady to $1 lower than the previous week as the boxed beef cutout and live cattle contract trade faltered at midweek. The northern tier traded cattle on Wednesday in a range of $129-131 dressed, with the bulk of the volume at

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Monday, November 30,2009

Demand helps spur feeder prices

by WLJ
Cattle feeders started moving cattle early last week and the bulk of the week’s action appeared likely to be complete ahead of the Thanksgiving holiday. Trade was called steady to 50 cents higher than the previous week at $83-84 live basis in the southern tier while Corn Belt trade was reported at $129-130 dressed. Other feeding regions were expected to

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Friday, November 20,2009

Early signs of improvement boost market expectations

by WLJ
Fed cattle trade started early last week with some light trade on Tuesday in the Corn Belt and better volume followed on Wednesday when the bulk of the week’s business was completed at prices steady to $1 lower than the previous week. Cattle traded in the Corn Belt at $129-130 dressed while

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