Cash trade had picked up by the middle of the week and live steers sold from $106-110—mostly at $110. Dressed steer purchases were too light for a market trend for most of the week, but were selling between $169-173 Thursday.
The cattle market complex continued to dance on either side of the market, with most impacts a result of the ever-growing price of corn. The cash cattle market remained quiet.
The top five contestants and earnings from the Professional Rodeo Cowboy Association (PRCA).
After four years of an administration that shared many of agriculture’s long-term goals, with a pro-business, pro-citizen, pro-freedom and individual liberty agenda, it appears that approach will change.
Cash cattle trade stayed undeveloped through Thursday and futures contracts traded on both sides of the market.
The U.S. Meat Export Federation (USMEF) elected new officers at their virtual Strategic Planning Conference held in mid-November.
Cattle markets traded mostly sideways all week, with a disappointing show by the cash cattle market. The Sterling Beef Profit Tracker, produced by Sterling Marketing Inc., recorded packer margins to be $490.37 per head for the first week of December.
In January, there will be several changes which will impact farmers and ranchers, including leadership positions for key committees and the secretary of Agriculture.
Cash cattle trade trended mostly at $110 last week and dressed purchases at $172. Trade volume picked up throughout the week, but was still slow on light demand.
In fall 2019, the Certified Angus Beef (CAB) brand created the Rural Relief Fund as a way to rally their community to provide support. Today, every penny of the sales of its coffee table book, Sheltering Generations–The American Barn, support the fund.
