Fed Cattle Post Gains, Calves, Feeders Lower

.
.
(.)

Cattle feeders saw higher prices in all regions last week. Trade in the North was called active at $184 to $185 per cwt. live which was $1 to $2 higher. Dressed prices were mostly $292 per cwt., $3 higher. Trade in the South was called moderate at $183 per cwt., with a few at $184. Supplies of market-ready cattle continue tightening. 

Feeder cattle traded mostly $1 to $4 per cwt. lower and calves mostly $4 lower.

Wholesale beef prices declined for the week. Choice boxed beef closed Friday at $300.80 per cwt., down $1.21 for the week. Select boxed beef closed at $275.49 per cwt., down 29 cents on the week.

Weekly cattle slaughter was estimated at 617,000 head, down 45,000 from the same week a year ago. The year-to-date total was estimated at 25.485 million head, down 4.5% from last year.

Friday’s cattle futures saw some profit taking following gains on Wednesday and Thursday. December live cattle futures fell $1.05 to $186.75 on Friday and near the session low. For the week, December live cattle rose 7 1/2 cents. November feeder cattle futures lost $2.00 to $251.575 on Friday, near the session low and for the week up 70 cents.

Tags

Beef - General Cattle Market Reports and Analysis Fed Cattle rancher
 

Latest News

Beef Production
Markets: Cash Cattle Rebound, Futures Notch Four-Week High
Markets: Cash Cattle Rebound, Futures Notch Four-Week High

After a mostly sluggish April, market-ready fed cattle saw a solid rally in the North and steady money in the South. Futures markets began to look past the psychologically bearish H5N1 virus news.

Greg Henderson
Ag Policy
APHIS To Require Electronic Animal ID for Certain Cattle and Bison
APHIS To Require Electronic Animal ID for Certain Cattle and Bison

APHIS issued its final rule on animal ID that has been in place since 2013, switching from solely visual tags to tags that are both electronically and visually readable for certain classes of cattle moving interstate.

Greg Henderson
Industry
How Do Wind, Solar, Renewable Energy Effect Land Values?
How Do Wind, Solar, Renewable Energy Effect Land Values?

“If we step back and look at what that means for farmland, we're taking our energy production system from highly centralized production facilities and we have to distribute it,” says David Muth.

Margy Eckelkamp
Beef Production
Ranchers Concerned Over Six Confirmed Wolf Kills in Colorado
Ranchers Concerned Over Six Confirmed Wolf Kills in Colorado

Six wolf depredations of cattle have been confirmed in Colorado from reintroduced wolves.

Maggie Malson
Beef Production
Profit Tracker: Packer Losses Mount; Pork Margins Solid
Profit Tracker: Packer Losses Mount; Pork Margins Solid

Cattle and hog feeders find dramatically lower feed costs compared to last year with higher live anumal sales prices. Beef packers continue to struggle with negative margins.

Greg Henderson
Beef Production
Applying the Soil Health Principles to Fit Your Operation
Applying the Soil Health Principles to Fit Your Operation

What’s your context? One of the 6 soil health principles we discuss in this week’s episode is knowing your context. What’s yours? What is your goal? What’s the reason you run cattle?

Shaye Koester-Wanner
View More