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Feeder cattle come off wheat pastures, prices move lower

Audio-Feeder cattle come off wheat pastures, prices move lower

Slaughter cows are starting their seasonal decline, but prices were able to regain last week's losses. Feeder cattle prices dropped as volume jumped.

Auction barns saw a bigger run of feeder cattle coming off of wheat pastures with 29,200 head at the test auctions, which was 5000 higher than last week. Prices continue to drop and were $1-5 lower with the biggest declines on 7- and 8-weight heifers that had big numbers at some auctions.

Slaughter cow numbers at the auctions are starting their normal seasonal declines in volume, but fortunately, not a big drop. Prices were mostly $2-4 higher regaining what it lost last week along with a little more. However there was more active bidding on feeding-type cows headed to the feedlots which also pushes prices higher.


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