Volume for feeder cattle might be seeing a typical summer slump, but fortunately, prices did rebound.
The cash market for fed cattle was mostly $3-$4 higher and the cash sales volume was higher than the previous week.
Ed Czerwien, market analyst based in Amarillo, Texas, offers a concise summary of last week's beef cutout trade.
Slaughter cows see a pretty drastic drop in prices, ending up $4-7 lower for the week.
Cash prices for fed cattle were mostly $2-$3 higher and the cash sales volume was just a little lower than the previous week.
Volume was higher across the board with impressive numbers for both slaughter cows and feeder cattle.
Ed Czerwien, market analyst based in Amarillo, Texas, offers a concise summary of last week's beef cutout trade.
The cash market for fed cattle gained another $1-$2 on greater volume.
Were in the dog days of summer and as typical, it means volume is down at sale barns. However, for the most part, prices held steady.
Exports continue to boost the market, up 838 loads week over week.
