Cautious sellers hold back feeder cattle, volume lower

Slaughter cow volume continues to increase as a result of normal fall runs, feeder cattle receipts decline.

Ed Czerwien, Market Reporter

October 6, 2017

Feeder cattle receipts at the test auctions dropped again, as sellers became more cautious following the big placement numbers on the Cattle on Feed report. Prices, however, were either side of steady with continued strength on the heavier feeders aimed at the April fed cattle which returned back up to $120. The bottom end of the price ranges actually improved the most because the previous week had early sales that were really low after the Cattle on Feed report impacted Monday sales.

Slaughter cow receipts continue their normal fall increases in volume at our 20 test auctions with 7,100 head. But prices were steady to $3 higher on the heels of higher cow cutout on Monday and Tuesday which really helped out those early week auctions. Unfortunately, midweek cow meat prices dropped quite a bit.

About the Author(s)

Ed Czerwien

Market Reporter

Ed Czerwien is a market analyst in Amarillo, Texas. From the heart of Cattle Feeding Country, Ed follows the cattle and wholesale markets to keep beef producers up-to-date on the market moves that affect them. He previously worked with USDA as a Market News reporter. Ed is now semi-retired and continues to work with cattle trade analysis.

Subscribe to Our Newsletters
BEEF Magazine is the source for beef production, management and market news.

You May Also Like