Roller coaster CME prices impact feeder prices

Prices held on either side of steady for both feeder cattle and slaughter cows.

Ed Czerwien, Market Reporter

June 15, 2018

Feeder cattle prices were either side of steady with some a little lower but some steady to $3 higher. The big variation in prices were definitely influenced by the oscillating CME prices on the different auction days.

Slaughter cow prices were either side of steady, but the lower end of the price ranges dropped causing wider price spreads. The main driving forces were the wild swings in the cow meat prices. Last Friday, the 90 percent trimmings -- which are the biggest single product -- had dropped over $3.50 compared to the previous Friday. It did improve some the following Monday.


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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