Download PDF Last week, the cash cattle market traded near $116 and this week’s average looks like it will be closer to $118. There were even a few trades noted north of $120, but those were probably special case cattle. Nonetheless, the message is clear: the cattle market is on the move higher. Packers seem …
Download PDF Yet another week with the cash cattle market stuck at $114. Thatfs six weeks in a row for anyone who is counting. The cutouts continued to fall this week, with the Choice down over $6 and the Select down close to $3. Packer margins moved lower, now at gonlyh $329/hd. The decline in …
Download PDF Another week with the cash cattle market stuck at $114. The cutouts are retreating now after posting a top in the week following the deep freeze. On a weekly average basis, the Choice cutout was down $6, while the Select was off more than $5. The decline in the cutouts was not unexpected …
Download PDF The cash cattle market remained stagnant at mostly $114 this week, although there were a few instances of $114.50 paid. This is the third week in a row that prices were basically unchanged at $114. The futures market is beginning to lose its patience and moved lower, including a big drop on Friday. …
no pdf Download PDF The cash cattle trade has been very light this week, with prices being reported in the $113-114 range. Packers have been drawing hard on contract cattle in order to stay out of the cash market, but that strategy only works for a week or so. Cattle feeders probably have no qualms …
no pdf Download PDF It was another positive week for the cattle and beef complex as cash cattle, cutouts and futures were all higher. Cash cattle traded mostly between $113-114 this week and my guess is that there were more $114s than $113s, but we will only know that on Monday. The Choice cutout gained …
Download PDF Cash cattle traded higher this week, with $113 registering as the top price. The weekly average is likely to be around $112.25, which would be $3 above last week. Packers were able to comfortably pay higher money for cattle because the cutouts have been roaring higher. The Choice added $11.13 Friday-to-Friday and the …
No pdf Download PDF Cash hogs were a little lower on the week, with the NDD negotiated market off $2.22 Friday-to-Friday. The WCB however, was up $0.72 this week. Ifve noticed that the regional hog prices and the national hog price have been really disjointed since the first of the year when USDA went to …
Download PDF Cash cattle traded in a range of $110-112 this week. The weighted average, at $111.50, was virtually unchanged from the prior week. The cutouts wobbled a bit, with the Choice averaging about $3 below last week and the Select about flat with last week on a weekly average basis. It feels like the …
No pdf Download PDF Cash cattle traded in a pretty wide range this week with some $105 being reported and, at the other end of the spectrum, some $108 trades reported in the south late in the week. Some cattle feeders were willing to sell their cattle to the board this week at $108-109 by …