Wes Ishmael

Cattle Market Weekly Audio Report for Feb. 25, 2017

Mostly steady to higher prices at cattle markets this week with an emphasis on feedlot marketing. Wes Ishmael reports there were instances of prices that were $10 higher for calves headed to pasture.

Aggressive feedlot marketing and continued demand for calves aimed at grass turnout helped lift calf and feeder cattle prices this week.  Steers and heifers traded mostly steady to $4 per cwt higher, according to the Agricultural Marketing Service (AMS). Analysts point out there were instances of $6-$10 higher in parts of the country where calves are headed south for grazing.

A surge in cash fed cattle prices underpinned market optimism. Cash fed cattle prices were $4-$5 higher on a live basis at mostly $124-$125 per cwt. Dressed trade was $6 higher at $196.

Listen to the Cattle Market Weekly Audio Report every Saturday morning on the BEEF magazine website. This is your report for Saturday, Feb. 25, 2017.

TAGS: Marketing
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