Fed cattle trade was mostly wrapped up last Wednesday at prices $1-2 higher on live cattle and $2-3 higher on a dressed basis. Prices in the southern Plains were in a range of $94-95 while dressed trade in the North occurred at mostly $150.
The call in the fed cattle markets last week was for steady to higher cash trade once it developed, with most analysts predicting that trade would hold off until Friday. Early packer bids were at $91-92 live basis in the South and at $150 dressed in the North. However, a firming cutout
Fed cattle trade last week was underway in the northern Plains and Corn Belt at prices generally $2-3 lower than the prior week at $93 live and $146-149 dressed. Trade in the southern tier was expected at $93-94 live, $1-2 lower than the prior week, as feedlot managers worked to take
Fed cattle trade last Thursday started $1 higher than the previous week’s action on the back of improvement in the futures markets and steady boxed beef prices. In Kansas, trade developed at $95 live on Thursday while early sales in the Corn Belt were in a range of $148-151, although
Fed cattle traded $1-2 higher last Wednesday with prices in the southern Plains at $94 live basis in Texas and at $92.50-93.50 in Kansas. In the northern Plains, cattle sold at $93-94 live and at $150 dressed. The upward momentum in the fed cattle markets caught many analysts off guard
Fed cattle trade advanced $1-2 in the southern Plains last Wednesday and $2 in dressed trade in the Corn Belt. Most live trade was at $91-92 and dressed trade at $146-$148. Fed cattle continue to trade at a $2 premium over the futures markets and should keep feeders aggressive in their
During February 2010, Agriculture Secretary Tom Vilsack announced that his agency would be redirecting its efforts surrounding animal identification in the nation to the development of a framework for animal disease traceability.
Ahead of the Fourth of July holiday, fed cattle sales started trading early last week at prices mostly steady to $1 higher than the previous week at $91 live in the South and $146 dressed in the northern tier. The trade was based, at least in small part, on a jump in the grain markets last week as USDA’s plantings report surprised the market
Good numbers of cattle traded early last week at prices which were mostly steady to $1 higher, with live trade in the South reported at $91 and northern dressed trade at $146-147. The early steady to higher trade last week was the result of short-bought
Fed cattle trade was slow to get started last week as traders positioned themselves ahead of the Cattle on Feed Report. Early week trade in the Corn Belt was light in a range of $145-148 dressed basis while a few early trades in Kansas were reported at $91 live. The full range of trade