Markets: Cash Cattle Marching Higher

Beef Belt Feedlot
Beef Belt Feedlot
(Dominic Stephens)

Negotiated cash cattle moved higher again this week amid ever-tightening market-ready supplies. Packers were forced to up the ante to acquire inventory, and the North saw moderate trade volumes at $184 to $185 live and $292 per cwt. dressed, which is $1 to $2 higher live and $2 higher dressed compared to last week. Trade in the South was called moderate at $185 per cwt., $2 higher than last week.

Feeder cattle sold $1 to $6 per cwt. higher, and calves traded $3 to $10 per cwt. higher. Market cows sold $1 to $7 per cwt. higher.

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Beef - General Cattle Market Reports and Analysis Fed Cattle rancher
 

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