Prices spike higher for fed cattle
The surge is cash fed cattle prices, along with continued demand for calves aimed for grass turnout helped push calf and feeder prices higher. Steers and heifers traded mostly steady to $4 per cwt higher, according to the Agricultural Marketing Service . There were instances of $6-$10 higher in parts of the country where calves are headed south for grazing.
February 25, 2017
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 there point out there were instances of $6-$10 higher in parts of the country where calves are headed south for grazing.