Weekly Cattle Market Wrap Up | Huge run of feeder, slaughter cows hit auction barns
USDA Market Reporter Ed Czerwien provides his weekly market outlook on feeder cattle and slaughter cows.
There was a very big run with over 61,000 head at our Southern Plains test auctions compared to 36,000 head last week and last year. Prices started the week out steady to $3 higher then were steady to $6 lower mid-week.
As far as slaughter cows, the recent box beef, fat cattle and CME rally opened the door to move cows with the biggest run ever reported at our test auctions with over 10,000 head. Slaughter cow prices continued to improve in some areas but started to top out and weaken in some places as the week progressed.
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