Cash Cattle Market Bounces Back

Shorter show lists, and the eagerness of packers to buy cattle helped push the cash market higher.
Shorter show lists, and the eagerness of packers to buy cattle helped push the cash market higher.
(Consolidated Beef Producers)

The cattle market bounced back from the lull it hit the previous week with gains across all regions last week.  The south traded a dollar higher at $124, while the north was $123.50-$124 live and $199 dressed.  Shorter show lists, and the eagerness of packers to buy cattle helped push the cash market higher.

Packer willingness to add cattle could be an indication that the cash market is on the verge of a run up.  The desire to add cattle is often a sign that committed cattle for certain packers is currently in decline.  The lack of committed cattle generally runs concurrent with the time that most feeders are getting through their largest supply of grass cattle.  Pens and gains are getting back into good shape from the winter weather.  Feeders could be in a good place fight the market and help with a much needed run up in the market.

Related content:

Cash Market Tips Backward

 

Latest News

Biden Administration Restores Wildlife Protections
Biden Administration Restores Wildlife Protections

The U.S. Fish and Wildlife Service plans to reinstate rules protecting endangered plants and animals, action that would reverse changes made during the Trump Administration that weakened the Endangered Species Act.

Across Breed EPD Adjustment Factors
Across Breed EPD Adjustment Factors

EPDs from multiple breeds can be compared by adding/subtracting the appropriate adjustment factors to the EPDs resulting from the most recent genetic evaluations for each of 18 breeds.

APHIS Now Thinks Wild Birds Are to Blame for Highly Pathogenic Avian Influenza's Arrival on Four U.S. Dairies
APHIS Now Thinks Wild Birds Are to Blame for Highly Pathogenic Avian Influenza's Arrival on Four U.S. Dairies

The livestock industry continues to grapple with the first confirmed cases of HPAI in cattle, while federal and state agencies continue to assure consumers there's no concern about the safety of the U.S. milk supply.

Skills Survey Reveals U.S. Agriculture & Food Industry Workforce Needs and Gaps
Skills Survey Reveals U.S. Agriculture & Food Industry Workforce Needs and Gaps

U.S. employers report challenges in finding suitable job candidates with work-ready skills to fill open roles in ag. The AgCareers.com U.S. Skills Survey offers insights, data and trends to address skill development.

USDA Authorizes CRP Graze and Hay Donations to Wildfire Victims
USDA Authorizes CRP Graze and Hay Donations to Wildfire Victims

Conservation Reserve Program (CRP) participants can donate emergency grazing authority to ranchers in Nebraska, Oklahoma and Texas impacted by recent wildfires.

New Guide Helps Producers Maximize Values of Cull Cows
New Guide Helps Producers Maximize Values of Cull Cows

A new resource developed by the National Cattlemen’s Beef Association and CattleFax helps cattle producers maximize profitability from their culling decisions.