Drovers CattleNetwork: Fed cattle steady as stocker/feeder markets retreat

Cash fed cattle prices traded at steady to firm money last week, while stocker and feeder cattle sold weak to $5 lower, with the full decline found on mid-weight 500 to 700 pound yearlings. Both live cattle and feeder cattle futures prices declined for the week, as did boxed beef prices. Choice boxed beef prices ended the week at $187 per hundredweight, with Select boxes at $183. The choice/Select spread is widening seasonally.

Read More at CattleNetwork.com.

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