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Typical summer slump in cow and feeder market

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.

It was a typical summer week with a smaller run of feeder cattle with 25,200 head at the test auctions. However, the recent good rains helped with more active bidding on lighter weight yearlings and calves with prices mostly $2-6 higher. The heavier yearlings were steady to weaker appearing to be topping out.

Slaughter cows also saw a smaller run of cows with 4,200 head at the test auctions. However the slaughter cow prices were quite a bit higher again this week, and were mostly $3-5 higher even though the cow meat prices continue to slip lower.

 

 

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