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The BLM relocated 237 horses from the herd grazing 160,000 acres in the Red Rock Canyon National Conservation Area 20 miles west of Las Vegas, Nev.
An Angus bull sold for a record $1.51 million earlier this year. His new owners might be giddy if his ROI matches that of recently deceased Hoover Dam, a bull that has sold 233,000 units of semen.
Feeder steers sold steady to $2 higher, with instances of heavier cattle selling $6 to $7 higher in special sales in the Southern Plains.
In the cattle and beef industry, widely varying seasonal price patterns exist for all classes of cattle as well as for each of the many beef products produced in the industry.
Packers enjoyed a comfortable inventory last week, and many have stopped Saturday harvests, which helped push cash cattle prices $1 per cwt. lower.
The National Cattlemen’s Foundation is now accepting applications for the W.D. Farr Scholarships for the 2019-20 school year.