Weekly Cattle Market Wrap Up

Weekly Cattle Market Wrap Up | Fewer slaugher cows push prices higher

USDA Market Reporter Ed Czerwien provides his weekly market outlook on feeder cattle and slaughter cows.

Feeder cattle receipts at the test auctions were 34,600 head, which was just a little more than last week, but 3,000 head less than last year. Prices were steady to $2 higher but lighter stocker type cattle prices were $4-5 higher on the bottom end of the prices because of much more active bidding.
 
Turning to slaughter cows, there was 6,600 head of cows at the test auctions which was down about 500 head from the previous week. There was still a good amount of bred cows but fewer slaughter cows, which when combined with increasing cow meat prices pushed slaughter cow prices mostly $1-2 higher.


 

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