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Slaughter cow volume causes backload at plants, prices lower

It's to be expected this time of the year, but more slaughter cows came to town and prices reacted by moving lower.

The feeder cattle numbers at the auctions continue to increase, which is normal for this time of the year, however it did appear that prices were topping out after several weeks of higher prices. Prices were either side of steady with some a little higher and some a little lower, but the bigger numbers of new crop calves caused wider spreads in prices and more variations between the auctions.

There was another very big run of slaughter cows again this week, which pushed the prices mostly $2-5 lower. In fact, several areas have packing plants that have been run over with big numbers, so many loads had to wait a long time to get slaughtered which always puts more downward pressure on dairy cow prices because they can't be kept that long.

 

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