Feedlot marketings were up 16.6% in November, while placements rose 15%.
USDA's December Cattle on Feed report said there were 1.4% fewer cattle in large feedlots on December 1 than a year ago.
Most of 2014 saw record high prices, but the downward trend in the beef and cattle markets looks like it could carry into the New Year.
Fears of corn planting delays in the United States amid ominous weather forecasts have been in play all spring, making analysts and traders consider that the world?s No. 1 corn crop could fall behind schedule and that y
Global beef trade is dynamic and trade levels rise and fall based on factors such as changes in currency valuation, areas of drought and global demand.
Every cowboy from Ames to Amarillo was convinced the cattle market is headed higher, but packers held out on raising bids until late Friday.
Cattle feeding margins improved $16 per head last week as cash prices inched higher less than $1 per cwt.
Cattle feeders finally found profitability last week after cattle markets posted a $6 to $7 per cwt. rally.