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Last week brought a high level of volatility to the market. Cash fed cattle were lower, although negotiated trade in the South was steady by week’s end. Live Cattle futures contracts found some stability late...
■ Last week’s USDA Cattle on Feed report spooked the market, causing major moves lower in both Live and Feeder Cattle future contracts. Cattle in feedlots on October 1 totaled 11.6 million head, 100.6% of a...
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 pattern of negotiated cash trade being pushed to late week has reemerged. Negotiated trade was slow again last week with sellers who shrugged off steady bids being rewarded Friday. Prices were mostly $1 to...
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...