Drought conditions play a role as more cattle come to auction barns

Cow prices took a big drop as 90% trimming prices drop $4.

Ed Czerwien, Market Reporter

August 9, 2018

Dry weather conditions are pushing more feeder cattle to auctions in some areas with more new crop calves starting to move as well. Prices were mostly steady to a few dollars higher except yearling feeder heifers weighing over 700 lbs. that were $1-2 lower.

Slaughter cow prices took another big drop because the cow cutout on Wednesday was $167.97 which was over $2.70 lower since the previous Wednesday. Ninety percent trimming prices, which are the biggest product from the cows, were over $4 lower at $210.26. Receipts at the test auctions continue to be well over last year because of drought conditions and also more dairy cow numbers because of poor margins.

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.

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