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Feeders steers and heifers sold both sides of steady, and the Cattle on Feed report went missing due to the government shutdown.
Whichever way you look at it, increasing the opportunity for profit or decreasing the risk for loss, having an advanced genetic “scouting report” on feeders has value.
The major Cattle Inventory report was supposed to be released this week but is delayed. NASS announcing this week when reports will drop. Both Cattle on Feed and Cattle Inventory will be released February.
The number of people who have become ill from eating Salmonella contaminated beef has gone up by 87 cases after the recall was increased to 12 million lb.
Following the trend seen in fed cattle during the past few months, a market analyst expects limited volatility during the 1st quarter of 2019.
R-CALF USA has asked the Justice Department to block the proposed merger of Iowa Premium and National Beef.