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Weekly Cattle Market Wrap Up

Weekly Cattle Market Wrap-Up | Typical holiday market with higher prices

USDA Market Reporter Ed Czerwien provides his weekly market outlook on feeder cattle and slaughter cows.

The feeder cattle market looks like a typical holiday week with mid- and late-week auctions closed for the holiday, but still three times the volume from last year. Prices were mostly steady and did not have as high of a tops, but there were definitely higher bottom end of prices because if a buyer started a load they had to push just to fill it.
Similarly, the slaughter cow market is looking like a typical holiday week with many auctions shut down until after the first of the year. There was 4,600 head at the test auctions, down quite a bit from last week's very big run of 11,000 head. Prices were mostly steady but the bottom end of the price ranges were definitely higher.

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