Feeders in the South hurried to sell cattle on a Tuesday-steady bid. The early trade made it easy on the Packers who seemed more than willing to take on the inventory at steady money.

Feeder markets are reflecting a mix of influences including seasonal supplies of calves, wheat pasture forage conditions, higher corn prices and volatility in futures markets.

Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 12.0 million head on Nov. 1, 2020.

The Choice beef cutout price has rallied nearly $30 in November while cash fed cattle prices have gained just $5. As a result, packer margins have increased while feeding margins struggle to remain above water.

The company announced Friday that 100% of expenses related to COVID-19 diagnosis and treatment would be covered, effective retroactively to March 1.

Arlen (posthumously) and Becky Sawyer of A&B Cattle of Bassett, Nebraska, were recognized as 2020 American Angus Association Century Award recipients.