Feeder cattle prices drop significantly

Volume was up, but prices took a digger, dropping $3-11 week over week.

Ed Czerwien, Market Reporter

February 27, 2020

There was a big run of feeder cattle with 41,400 head at the test auctionsm which was 10,000 head higher than last week. Prices took a very big drop and were mostly $3-11 lower, losing what they gained last week and even more on some weight groups.

Slaughter cow numbers continue to climb slightly higher with 6,500 head at the test auctions. The prices were mostly $1-3 lower on the heals of the dropping cow cutout that was $175.91 on Wednesday, which was over $8 lower than the previous Wednesday.

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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