Weekly fed cattle and boxed beef recaps for week ending May 8
Pierre, SD, USA / DRGNews May 11, 2021 | 6:38 AM CZ Cattle Market Analytics analyst Ed Czerwien from Amarillo, TX, provides the following fed cattle and boxed beef recaps for the week ending May 8, 2021. Fed cattle recap: The feedlot cattle trades for WE May 08 were steady to 2 lower, and the cash sales volume was bigger than the previous week. The Five-area formula sales volume totaled 233,453 head compared to about 233,000 the previous week. The Five-area total cash steer and heifer volume was 74,857 head compared to about 58,000 head the previous week. Nationally reported forward contracte...