High Choice News Today

 Prepared and written by Jeff Swenson, DATCP Livestock and Meat Specialist. The Market Update draws information from several sources including trade publications, radio broadcasts, agricultural news services, and individuals involved in the industry, as well as USDA...

The Week of September 10, 2023 Last Friday’s Five Area weighted average price for beef breed steers was $182.75. Negotiated sales were mostly $180 in the south. Northern sales were mostly $183, with $185 reported...

The Week of September 3, 2023 The Five Area weighted average for beef breed steers was $182.96/cwt last week, $2.65 lower than the prior week. Prices may be lower, but it is worth mentioning that...

■ Cash cattle ended last week $1-3 lower and were steady with those prices to open this week. Cattle feeders had initially turned down lower bids, but were motivated to sell as another wave of heat...

The Week of August 13, 2023 ■ Some country trade was reported in Iowa and Nebraska early this week at steady money. Fed cattle at Wisconsin and surrounding state auction markets were also called mostly steady....

■ The cattle trade was slow last week for a variety of reasons. Feedlot operators in Nebraska and Iowa were more focused on keeping cattle alive, as heat indexes rose to 116 degrees, than marketing. If...

The USDA raised its 2024 projected fed steer price by $3/cwt in its latest World Supply and Demand Estimates (WASDE) report.

Check out livestock expert Jeff Swensons analysis of national and state livestock reports.

Check out livestock expert Jeff Swensons analysis of national and state livestock reports.

■ The number of cattle in feedlots on June 1 was about 3% lower than a year ago, according to the latest USDA Cattle on Feed Report. The number of cattle placed in May, however, came...