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CME rally pulls feeder cattle prices, volume higher

Prices were mostly $3-4 higher with many of the weekly top prices set on Wednesday during the big CME rally.

Last week saw another good run of feeder cattle at the auctions, which was helped by the increasing prices which pushed more feeder cattle to the auctions. Prices were mostly $3-4 higher with many of the weekly top prices set on Wednesday during the big CME rally.

Slaughter cow numbers at the test auctions was almost exactly the same as the previous week. The slaughter cow prices were mostly $1-3 lower with the biggest decline on the lean type of cows because of the 90% trimmings prices that have quit going much higher lately.

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