It was a busy week at test auctions with nearly 9,000 more head at test auctions than the week prior. Prices rebounded as well on the prospects of a solid pasture grazing season.
The cash market was mostly $2 lower while sales volume was slightly higher than the previous week.
Winter storms did slow some cattle movement, especially slaughter cows. Prices were either side of steady for yearlings, but higher for both calf prices and slaughter cows.
Ed Czerwien, market analyst based in Amarillo, Texas, offers a concise summary of last week's beef cutout trade.
Despite uncertainty over coronavirus, the cash market for fed cattle held its own.