Volatility in the fed cattle market continues this spring as last week’s prices charged to new cash highs. Volumes were called moderate to active in the North, trading at $168 to $172 per cwt live and $172 for bulk, $4 to $6 higher. Dressed prices were $268 to $276 per cwt, $2 to $6 higher.
Cattle in the South sold from $166 to $168.50 per cwt, $2 to $4 higher. With the growing seasonal shortage of prime- and select-grade cattle in feed yards, analysts expect cash prices to rise again next week. Wholesale beef prices also posted gains last week, as did select boxed beef.
Featured
-
Scout Now for Early-Season Corn Pests, DiseasesJune 8, 2023
-
Early-Season Drought Expected to Continue Despite Scattered PrecipitationJune 6, 2023
-
Improve Dairy Cow Fiber Degradation to Save on Feed Costs, Improve ProductionJune 6, 2023
-
Maximizing Starter Intake Could Lead to Financial Benefits for Dairy ProducersJune 8, 2023
-
Cash Cattle Market Climbs Post-HolidayJune 6, 2023