Weather continued to clog market channels and keep a lid on cattle prices, but a rally in Lean Hog futures offered support.
Cattle conditions dictated by weather determined the best prices for cattle for feedlot placement. Otherwise cattle sold steady to higher this week at various markets across the nation.
Current beef export success underscores the need to establish agreements with key trading partners.
Markets will likely view the latest Cattle on Feed report as neutral.
Despite lingering extreme cold, receipts and prices perked up at auction.