Slow Slaughter Impacts MARKET UPDATE Following a generally positive performance in late December, the fed cattle market has kicked off January with challenges. The Omicron variant is pressuring packing plant efficiency through increased worker absence, resulting in...
Carcass Premium Structure Advanced in 2021 MARKET UPDATE The two weeks encompassing the Christmas and New Year holidays were relatively predictable in terms of fed cattle market price performance. Weekly average prices drifted lower from the early December $140/cwt....
A Look Ahead at Early 2022 Dynamics MARKET UPDATE The fed cattle market rally continued in full force through last week with the five-area weighted steer average up to $140.67/cwt. The trading range was $140 to $142/cwt. in the north and mostly $142/cwt. in the south....
Annual Quality Grade Low Marked Market Update The fed cattle market continued higher again last week, after clawing its way out of the deadlock in the low $120’s for multiple weeks. The $133/cwt. resulted from the largest negotiated cash trade week this year, with the...
Prime sets sail MARKET UPDATE Without question, the talk amongst cattle producers in recent days has been about the upturn in fed cattle prices. All parties upstream of the packing sector are elated, and likely relieved, to see the price break free from the furrow...
