Another Week Another Rollercoaster

Cash cattle trade was like a roller coaster ride with disappointing downs, and faith restoring gains for the north.
Cash cattle trade was like a roller coaster ride with disappointing downs, and faith restoring gains for the north.
(Consolidated Beef Producers)

Cash trade was like a roller coaster ride with disappointing downs, and faith restoring gains for the north.  Kansas, once again, was the leader to the bottom taking $2 lower in early week trade.  Texas unfortunately couldn’t escape the tide drag, and was pulled under at $126, with few options once trade established in Kansas.

The north stood strong, taking advantage of shortages in market ready cattle, and upward movement on the board.  Cash trade ranged from $126-$130 helping to push the northern market a little higher. 

Many feeders feel that the shortage of supply ready cattle in the north will become more evident in the weeks to come.  Can the south take advantage of the packer’s need for cattle up north?  Only time will tell, but rumors of increased kills could find feeders in a better position than they have been for some time.

Related stories:

Can Cattle Feeders Right The Ship?

 

Tags

Beef - General Feedyard Packer
 

Latest News

Beef Production
Quantifying the Value of Good Management
Quantifying the Value of Good Management

Historically low current US cowherd inventories and limited evidence of heifer retention indicates the robust markets we currently enjoy should be sustained for at least the next couple of years.

Mark Z. Johnson
Industry
Properly Prepared Beef Remains Safe; Meat Institute Calls For Guidance to Protect Workers at Beef Facilities
Properly Prepared Beef Remains Safe; Meat Institute Calls For Guidance to Protect Workers at Beef Facilities

The Meat Institute said properly prepared beef remains safe to eat and called for USDA and the CDC to provide worker safety guidance specific to beef processors to ensure workers are protected from infection.

North American Meat Institute
Industry
A Message to the Ag Industry about H5N1
A Message to the Ag Industry about H5N1

The livestock industry needs a comprehensive, cohesive plan to address the virus. Producers, their employees and veterinarians need clear answers and support from U.S. agricultural leadership, moving forward.

Rhonda Brooks
Industry
USDA Now Requiring Mandatory Testing and Reporting of HPAI in Dairy Cattle as New Data Suggests Virus Outbreak is More Widespread
USDA Now Requiring Mandatory Testing and Reporting of HPAI in Dairy Cattle as New Data Suggests Virus Outbreak is More Widespread

USDA is now ordering all dairy cattle must be tested prior to interstate travel as a way to help stop the spread of HPAI H5N1. This comes a day after FDA confirmed virus genetic material was found in retail milk samples.

Tyne Morgan
Industry
Lessons Learned After Disaster
Lessons Learned After Disaster

Recently we were reminded of the devasting impacts of Mother Nature during the wildfires that destroyed parts of Oklahoma and Texas. There is a lot to learn from such events so we can be better prepared in the future.

Rosslyn Biggs DVM
Industry
Mistrial Declared in Arizona Rancher’s Murder Trial
Mistrial Declared in Arizona Rancher’s Murder Trial

A lone juror stood between rancher George Kelly and innocent. “It is what it is, and it will be what it will be. Let me go home, okay?”

Greg Henderson
View More