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Feeder cattle sold uneven
Cash Fed Cattle Steady To Softer, Feeders Uneven

The Choice beef cutout price has rallied nearly $30 in November while cash fed cattle prices have gained just $5. As a result, packer margins have increased while feeding margins struggle to remain above water.

Profit tracker
Profit Tracker: Cattle Margins Improve, Hogs Decline

Cattle and hog finishing margins are both modestly positive for the seventh consecutive week, though hog margins saw a slight decline with lower lean carcass prices.

Cash prices traded higher
Hulett: Cash Cresting?

Did outside factors or did cash trade cresting at $110 create the sell off Friday?  This week’s cash bids from the packer might be the best answer to that question. 

Cattle weights are declining
Cattle Carcass Weights Moderating

Market analysts see signs that feedyards have significantly reduced the COVID-19-induced backlog of cattle and are regaining currentness, also a key factor in the recent market rally.

Cash cattle prices traded higher
November Cattle Rally Continues

The rally in the cattle markets continued this week with solid gains in both cash fed cattle and the boxed beef cutout. Cash cattle prices are now at a level not seen since late June.

CAB Insider: Carcass Quality Spreads Widen on Seasonal Demand

In the last CAB Insider, we reported on a rapidly retreating fed cattle market scenario. However, much has changed in the two-week interim.

Cattle and hog feeding margins remain positive.
Profit Tracker: Modest Profit Holding Pattern

Closeouts on cattle and hogs marketed last week remain modestly profitable for the sixth consecutive week, according to calculations by Sterling Marketing.

Cattle markets rallied the first week of November
Cash Cattle, Futures, Boxed Prices All Higher

Cattle markets entered November with solid gains across all sectors. Fed cattle rebounded with higher prices in all regions while feeder cattle jumped $2 to $7 per cwt.