Packers were eager to push their inventory higher last week and prices in all regions responded by moving $1 to $2 higher.
While the CME futures was under distress last week, hedgers were able to receive the best basis they have seen for several weeks and the result was a steady cash market.
The cash cattle market slowed to steady last week at $124 in most trading areas with limited numbers moving.
We've rounded up the top 10 stories of the year as decided by you, our readers. Take a look back at these memorable stories on Drovers.com in 2019.
Cattle feeders were hopeful that last week was the bottom of the decline in cash cattle prices, but a negative corn report helped prices even lower.
The U.S. beef industry has evolved significantly over the past five years with a consumer-driven emphasis on value-added products.
The National Cattlemen’s Beef Association and Nebraska Senator Deb Fischer are asking President Donald Trump to investigate possible irregularities in the cattle markets over the past several weeks.
Holding their position allowed producers to increase cash trade $1 higher over the previous week’s market.