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Cash fed cattle prices finally turned higher in the south, following in the steps of the north to add $2 per cwt to the cash market.
Cattle on Feed estimates for April 1, 2019, were 2% higher than the same month a year ago.
Last week’s fed cattle market saw a wide variation in prices between the south and the north, with some feeders willing to sacrifice one set of cattle in order to get another set in.
A northern Utah man faces criminal charges after 46 cows he was hired to take care of died of starvation, and numerous others were seriously injured or impaired.
Debt-to-asset ratios are on the rise, working capital is eroding and farmers’ sentiments are on the decline. Despite the negativity surrounding prices and outlooks, Famer Mac is providing a voice of optimism.
Alleyways are used not only for livestock movement, but for cattle “storage.” But cattle don’t like to be crowded, and remaining in alleyways until processing makes the corral experience bad, and makes cattle harder to work next time.