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There was another good summer run of feeder cattle at the test auctions with 27,600 head. The prices started to drop lower and were mostly steady to $2 lower but the 7-weight steers were up to $5 lower. Also thinner type cattle coming off of dry pastures in some areas were definitely bringing a premium compared to the bulk of the prices.
Slaughter cow numbers at the auctions continue to be very close to the previous week. Prices were mostly steady but were a little higher on some cows as the cow meat prices firmed up a little.
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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