Feeder cattle volume drops fast on lower marketFeeder cattle volume drops fast on lower market
The markets are still working to recover after last week's dramatic dip in prices. In turn, feeder cattle stayed home, with volume cut nearly in half week over week.
Feeder cattle numbers dropped dramatically this week on the heels of big price declines. There was 17,600 head at the test auctions which was down from 41,000 head the previous week. The prices continued to decline and were mostly $1-3 lower, but did firm up a little at some auctions, but not enough to push the weekly prices higher in most weight groups.
Slaughter cow numbers dropped lower and were 5,300 head at test auctions, compared to 6500 head the previous week. Slaughter cow prices firmed up some and were mostly steady to $2 higher with those lower cow numbers, as well as the cow meat prices that were close to steady after dropping lower recently.
About the Author(s)
You May Also Like
The dollars and sense of sustainabilityFeb 18, 2023
Current Conditions for
New York, NY
Enter a zip code to see the weather conditions for a different location.
Research to address antimicrobial resistance in cattle, swineDec 04, 2023
Farm Progress America, December 4, 2023Dec 04, 2023
This Week in Agribusiness, December 2, 2023Dec 01, 2023
Overcome winter herd management challengesDec 02, 2023