Latest News From

Cattle traded higher last week
Hulett: More Cash Rings in the New Year

Cattle feeders found higher prices as 2020 came to a close, but their ability to push the market higher may hinge on how Live Cattle futures perform in the first weeks of the New Year.

Baldie steers
Cash Fed Cattle Gain Momentum At Year’s End

Cattle feeders gained enough leverage to push negotiated cash cattle prices higher during both holiday weeks as 2020 drew to a close. Supplies of fed cattle will tick lower during the first quarter of 2021.

2021 Livestock Market Outlook Roundup

The editors at AgWeb.com are looking at experts’ projections for commodities in 2021 to help you succeed in the coming year. Here’s a look at what analysts expect for the upcoming year in the protein segments.

Cattle traded steady
Hulett: Better Than Expected

Cash cattle in the South traded steady, and futures contracts had a decent week but packer needs during the holidays seem to have more of an effect than the futures market.

Texas feedyard
Fed Cattle Soft, Feeders Higher, No COF Surprises

Fed cattle treaded steady in the South to weaker in the North, with wholesale beef prices posting additional declines for the week. Friday's cattle on feed report was as advertised and will be viewed as neutral.

COF Up Slightly, Placements Down 9%

Placements in feedlots during November totaled 1.91 million head, 9 percent below 2019. Net placements were 1.85 million head.

Cash cattle traded lower
Cash Sinks With The Board

Cash cattle trade began on Tuesday last week, but bids were scarce even at lower money. Some feeders held strong for higher money, but with the decline in the CME board a higher market never surfaced.

Fed cattle
Cash Cattle Prices Fizzle As Cutout Drops

Cattle markets limped through a lackluster week for cash sales as wholesale beef prices plummeted. Despite lower cash cattle prices, packer margins likely declined significantly with lower cutout values.