Sponsored By

CME rally pulls feeder cattle prices, volume higherCME rally pulls feeder cattle prices, volume higher

Prices were mostly $3-4 higher with many of the weekly top prices set on Wednesday during the big CME rally.

Ed Czerwien

June 27, 2019

Last week saw another good run of feeder cattle at the auctions, which was helped by the increasing prices which pushed more feeder cattle to the auctions. Prices were mostly $3-4 higher with many of the weekly top prices set on Wednesday during the big CME rally.

Slaughter cow numbers at the test auctions was almost exactly the same as the previous week. The slaughter cow prices were mostly $1-3 lower with the biggest decline on the lean type of cows because of the 90% trimmings prices that have quit going much higher lately.

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