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Cattle Market Wrap-up

Cattle Market Wrap Up | Seasonal patterns begin to take hold

Ed Czerwien, market analyst based in Amarillo, Texas, offers a concise summary of last week's feeder cattle and slaughter cow trade.

Summertime is upon us at last and feeder cattle numbers at the test auctions were starting seasonal declines. However, numbers remain good. Prices are finally starting to improve and were $1 to $4 per cwt higher with the biggest increases on heavy-weight yearlings. Demand came from active bidding by feedlot bu9yers who know that there is probably only one more week of good numbers.

Slaughter cow numbers are also starting their seasonal declines as cows are being turned out on pastures. The prices were steady to $1 higher which is a typical seasonal improvement and cow meat prices were close to steady or just a little higher.

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