Feeder cattle volume lower

It was a slow week for feeder cattle even as prices seemed to steady out. Heavier weights ended up $4 lower while lighter weights stayed either side of stead.

Feeder cattle receipts at the test auctions dropped almost to half of what they were last week when the prices were considerable lower. Prices this week continued to drop early this week, but closed just a little higher mid-week. However the heavier weights were up to $4 lower while the lighter weights were either side of steady.

Winter weather seemed to hold slaughter cow volume down and prices were $1-3 higher especially in areas we winter weather.

 

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