All classes of cattle and calves traded higher, and packers were anxious to secure their needs as the wholesale beef market continues to strengthen.
Weakness in futures markets this week spilled over into the cash markets, yet traders noted boxed beef prices pushed significantly higher.
The spring cattle market rally was beginning to bloom this week, with yearling feeder cattle trading firm to $5 higher and instances of $6 to $8 higher.
USDA’s monthly cattle on feed report, released Friday afternoon, provides some bearish news for summer futures contracts.
Last summer’s rain combined with this winter’s frigid temperatures have left cattle suffering and Georgia cattlemen seeking answers.
The picture being painted for 2015 is a market drop off in cattle demand and beef production.
Stay on your toes this year, as business mind-set will be increasingly needed to maintain a profitable 2019. Take a lesson from these 10 articles of cattle fraud during 2018.
Texas A&M Beef Cattle Short Course attracts record attendance.