More slaughter cows continue to hit auction barns

Slaughter cow receipts continue higher year over year, and prices, thankfully, firmed up on the heels of improving cow meat prices.

Dropping feedlot cattle prices and CME prices pushed feeder cattle prices mostly $7-8 lower, but the early week tops continued to drop even more during the week. Receipts at the test auctions were 42,200 head which was down just a little from the previous week but 8,000 head lower than last year as dry conditions continue to force earlier movement off of dryland wheat pastures.

Slaughter cow receipts at the test auctions continue well over last year with 10,800 head, down only 300 head from the previous week and much higher compared to the 7,000 head the same week last year. Prices firmed up a little on the heels of improving cow meat prices.

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