Moisture came to about two-thirds of the country last week, dropping heavy precipitation from the southern Great Plains northeastward into the northern Appalachians. But many areas remains in significant drought.
Drought, prolonged cold weather, and the resulting lengthen winter grazing season, all contributed to a slow green-up in the Midwest this year. University of Missouri's Craig Roberts says focus on the second hay cutting.
Cash cattle prices lost another $2 per cwt. last week, a decline of $7 over two weeks. Coupled with higher input costs on feeder cattle, the decline feedyards with an average $22 per head loss last week.