CattleFax Weekly Recap

The fed cattle market was primarily $2 lower in all regions on moderate volume. In the South, cattle traded at $116 to $117. Trade in the North was at $117.50 live and $187 dressed. Though volumes improved later in the week, boxed beef was lower on the week as end meat declines could not be offset by mostly steady middle meat prices. Choice beef was down more than $2 and Select was down more than $4. The spread was between $5 and $6. Feeders were quoted uneven ($3 higher and $3 lower depending on the region) and calves were steady to $4 lower. Corn was volatile last week given the weather, but trades basically par with a 2 weeks ago.

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This entry was posted in Markets.

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