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More feeder cattle prices, higher prices

It's a headline that all cattle producers want to see. Even though feeder cattle receipts were higher, prices jumped up as well. Unfortunately, on the slaughter cow side, that volume wasn't sustained, pushing prices easily $3-6 higher.

Winter weather slowed down slaughter cows, but couldn't stop more feeder cattle from heading to town. There were nearly 13,000 head more at test auctions than the previous week and thankfully, feeder cattle prices jumped quite a bit higher after two weeks of lower prices.

Slaughter cow numbers continue to drop because of winter storms and consequently, cow meat prices jumped higher again this week which pushed the slaughter cow prices easily $3-6 higher.

 

 

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