Yearling price increase pulls more feeder cattle off pasture

Feeder cattle receipts and prices improve, but it's the opposite for slaughter cows -- while there were more cows, prices were lower.

Ed Czerwien, Market Reporter

July 19, 2018

Feeder cattle receipts continue to be good with 27,800 head at the test auctions which was just a little better than last week and about 2,000 head over last year. CME price improvements helped the yearling prices increase which also helped to pull more cattle off of the native pastures.

However, slaughter cow prices went the other direction. They started dropping on the heels of a big drop in the cow cutout and 90% trimmings on Wednesday. Receipts at the test auctions dropped some after last week’s very big numbers when more cows came to auctions because of the previous two weeks of holiday shutdown.

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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