Fall Factors to Test CAB Acceptance MARKET UPDATE The federally inspected cattle harvest was boosted by 20,000 head last week over the prior week. This was within the trade expectation, albeit a little weak, given that the 637K total two weeks ago was a function of...
Quality spreads press higher MARKET UPDATE Fed cattle prices remain locked within a range of $120 to $125/cwt in what has become an extremely long 16-week period. The fact of the matter is that market-ready steers and heifers have, in total, been readily available...
Ribeye prices defying the seasonal trend MARKET UPDATE The Labor Day holiday shortened last week’s slaughter production to a total of 577,000 head of federally inspected harvest facilities. The daily totals on the fed steers and heifers were very respectable during...
Prime premiums double last year MARKET UPDATE Last week’s fed cattle slaughter was curtailed due to infrastructure issues at two separate packing plants. The steer and heifer head count on Wednesday was just 86,000 head, followed by 90,000 head on both Thursday and...
Fundamentals point to bullish conditions MARKET UPDATE The sideways trade in the fed cattle market continues as the weekly average price last week is yet again $123/cwt. This marks the 10th week in a row with live fed steer values averaging between $120/cwt. and...
