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Feeder cattle numbers slip as prices jump higher

Feeder cattle numbers look similar to last year as prices improved considerably.

The feeder cattle numbers slipped down a little from the previous week, but still look very similar to last year. The prices improved considerably on the heels of the increases that actually started later last week. Prices were $2-5 dollars higher on all groups.

Additionaly, there was another good run of slaughter cows at the 20 test auctions with 6,100 head. This was down just a little from the previous week and definitely not near near as big as it will be in a month or two. LIekwise, prices were starting their seasonal declines and were $2-4 lower for the bulk of the trade.

 

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