USDA Market News
Calves and yearlings trade lower pressured by on-feed report
Compared to last week, calves and yearlings sold 2.00-6.00 lower under pressure from last week’s bearish cattle-on-feed report and weaker fed cattle market.
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USDA's Corbitt Wall: Drought calves significantly increase July placements
Compared to last week, feeder cattle markets opened the trading session 2.00-4.00 higher with help from moderating temperatures and the previous week’s higher fed cattle trade.
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Corbitt Wall: Demand in cattle market helped by cooler weather
Compared to last week, feeder cattle and calf prices across the country were uneven again for the third straight week as multiple market variables continue to pull prices in both directions.
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Feeder cattle and calf prices uneven, market remains volatile
Compared to last week, feeder cattle and calf prices across the country were uneven again for the third straight week as multiple market variables continue to pull prices in both directions.
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USDA's Greg Harrison: Yearling demand remains good, buyers more selective
Compared to last week, lighter receipts of feeder cattle selling through the auctions traded very uneven across the country with most trends ranging from steady to 2.00 higher to steady to 3.00 lower. Generally, calf prices through the Southeast sold steady to 2.00 lower.
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Feeder cattle futures pressured hard this week as corn makes early gains
Compared to last week, lighter receipts of feeder cattle selling through the auctions traded very uneven across the country with most trends ranging from steady to 2.00 higher to steady to 3.00 lower.
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Corbitt Wall: Expect record-breaking prices for calves and yearlings soon
Record yearling prices will likely be pressured for the rest of the year with progressively heavier movements to be delivered only to be followed by the arrival of spring-born calves onto the market.
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Cattle market prices rise to historic highs but retreat by week's end
Compared to the pre-holiday test of two weeks ago, yearling feeder cattle sold 3.00-7.00 higher and calves traded firm to 5.00 higher before late-week pressure took back a portion of the gains.
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Corbitt Wall: Yearlings and calves finish short week higher
Compared to last week, feeder cattle and calf markets were not fully tested due to Independence Day closings. However, several mid-to-late week auctions in the Plains and the Midwest sold yearlings 3.00-7.00 higher and calves firm to 5.00 higher.
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Even with hotter temperatures cattle market spikes following holiday
Compared to last week, feeder cattle and calf markets were not fully tested due to Independence Day closings. However, several mid-to-late week auctions in the Plains and the Midwest sold yearlings 3.00-7.00 higher and calves firm to 5.00 higher.
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Corbitt Wall: Yearling market and calves stronger this week
Compared to last week’s sharply higher market, yearling feeder cattle continued their momentum and sold firm to 5.00 higher. Steer and heifer calf demand improved on the heels of last week’s gains and traded from steady to 6.00 higher with instances as much as 10.00 higher.
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- 3,000 pounds of copper wire stolen from Oklahoma ranch
- Will Smith dethroned in latest Peterson Farm Bros. parody
- Changes in U.S.-Mexican cattle and beef trade
- Peterson Brothers: What summer vacation?
- Experts weigh in on lowest beef supply in 60 years
- Crude oil expected to peak and cost of electricity to go down
