You’ll want to watch the first quarter of Sunday’s Super Bowl when Chevrolet debuts its 60-second commercial. But we have a sneak peak if you just can’t wait.
Cash cattle prices took a drubbing this week with fed cattle prices $4 to $5 lower at $144 to $145 per cwt. Dressed sales were reported $4 to $6 lower at $228 per cwt.
Cattle market fundamentals may remain favorable, but April’s expected rally has fizzled. Both feeder and fed cattle traded significantly lower this week, with cash fed cattle prices now $9 lower than just three weeks ago.