Brad Hulett

Latest Stories
The fluctuation in the cash price in this trade seemed to be mostly dependent on the location of the cattle, with prices ranging from $114-$116, with dressed trade at $182-$185.
Over the next few weeks patience and a calm trigger finger could be profitable to the cattle feeder as the supply of market-ready cattle declines.
Cattle feeders were hopeful that last week was the bottom of the decline in cash cattle prices, but a negative corn report helped prices even lower.
Packers were able to keep the market suppressed as the trade began last week at $2 back of the previous week.
Fed cattle trades were few and far between last week, with most bids lower and packers seemingly uninterested.
The past several weeks of trading in the fed cattle markets have shown that basis is becoming more important to many than the actual cash price.
Cash cattle prices have declined for several weeks, and the looming question for feeders this week is if $115 is the bottom?
Feedyards only saw one active packer bidding on cattle in the south last week.
The basis will need to continue to narrow for feedyards to see significant cash cattle price improvement.
Last week brought continued pressure on the cash fed cattle market in all regions, and the result was prices $3 to $4 per cwt. lower.