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Cattle Market Wrap Up with Ed Czerwien

Volume and prices jump in feeder cattle market

It's good news when feeder cattle prices jump even when more calves are working their way through auction barns.

This week saw a big increase in both feeder cattle numbers as well as prices that were easily $3-9 higher compared to last week. The receipts included a big increase in new crop calves, but smaller numbers of heavy weight yearlings, a normal trend this time of the year.

When it comes to slaughter cow prices, prices took a big jump on the heels of smaller numbers last week during the holiday and also price increases for the cow meat prices.

 

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