Download PDF Cattle feeders managed to press a little more money out of thepackers this week as average live steer prices were about $0.75higher to $152.70/cwt. Packers did take on a large volume at thatprice and should now be well positioned to run a big kill next week.The cutouts were steady to slightly higher, with …
Download PDF It was a another soft week for the US hog and pork complex. Thecutout fell $1.14/cwt on a weekly average basis and the negotiatedhog markets were also lower. In fact, something very unusualhappened in the negotiated markets today as the WCB cash priceactually fell below the National price. On a weekly average basis,the …
Download PDF The biggest feature in the hog and pork complex this week was asignificant softening in the negotiated hog market. The WesternCorn Belt market averaged right at $90/cwt this week, down over$7 from the week before. The NDD market was down $5.66/cwt.But before we declare the cash hog market dead, it is important torecognize …
Download PDF The cash cattle market took some time to catch its breath this week,with prices almost steady with last week and near $152/cwt. At thesame time, the Choice cutout was up $2.54/cwt. and the Selectgained $3.47/cwt. Prior to this week, cash cattle were up a total of$5/cwt. in the previous two weeks, so it …
