Ed Czerwien, market analyst based in Amarillo, Texas, offers a concise summary of how last week's beef trade impacted the cattle market and beef prices.
Buyers were forced to be more aggressive on slaughter cows, as few came to town. Feeder cattle saw typical declines and volume with steady prices.
The feedlot cattle trade was mixed from $1 lower to $1 higher, depending on the area and the time of the week that the trade took place.
The feedlot cattle trade was several dollars lower after weakness that began the previous week spilled over.