Has the fall run begun? Perhaps, with drought, generally good prices and the possibility that cow-calf producers are taking advantage of early weaning. Feeder cattle receipts took a big jump at the test auctions, which is normal after the Labor Day week shutdowns.
There were 31,000 head at the test auctions, which was up over 20,000 head from last week. Prices were mostly steady to a couple of dollars higher with increasing numbers of calves.
Slaughter cow receipts at the test auctions jumped up over 4,000 head compared to last week and prices were steady to $3 per cwt higher, regaining what they lost last week.