Cattle Markets Post A Rally

Prices were higher for all classes of cattle for the week ended Oct. 13, with cash fed cattle trading at $111 per cwt., $2 higher. Cattle sold on a dressed basis at $175 per cwt., $2 to $3 higher.

.
.
(Farm Journal File)

Prices were higher for all classes of cattle for the week ended Oct. 13, with cash fed cattle trading at $111 per cwt., $2 higher. Cattle sold on a dressed basis at $175 per cwt., $2 to $3 higher.

Steer and heifer calves sold at auction mostly steady to $5 higher, with some auctions reporting sales $8 to $10 higher. Demand for weaned calves and yearlings was called good to very good. Agricultural Marketing Service reporters called market activity “active to very active.” Feeder cattle were called $2 to $7 higher. Market cows were called mixed, with sales at $1 higher to $2 lower.

The Choice beef cutout closed Friday at $198.22, up $1 from last Friday. Select cutout closed at $190.05, up $2.82 from the previous week. The Choice-Select spread stood at $8.17.



Drovers_Logo_No-Tagline (1632x461)
Drovers_Logo_No-Tagline (1632x461)
Read Next
Following Douglas, Ariz., Santa Teresa, N.M., becomes the second southern crossing to restart trade with mandatory EID tracking and screwworm safeguards.
Get News Daily
Get Market Alert
Get News & Markets App