Weekly Cattle Market Wrap Up

Weekly Cattle Market Wrap Up | Normal seasonal declines continue

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

Feeder cattle receipts continue normal seasonal decline but still well above last year. The price rally is slowing down a little with early week auctions steady to $5 higher, but mid-week auctions steady to $2 higher, with some weakness on lighter weights.
 
Slaughter cow receipts were 6,00 head which was 1,000 head lower at our test auctions, but prices were mostly steady to $1 lower. Buyers are becoming more cautious as cow meat prices appear to be topping out.


 

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