Quite often we become like baseball players trying the same routine.
As the COVID-19 pandemic brought beef shortages, consumers may have noticed some different cuts of beef when their traditional selections were sold out.
A CME futures market rally leads cash cattle $14 higher over the past two weeks.
During the past decade, the highest monthly average has occurred in November four times and in March four times, peaking in December and February the other times.
Cattle feeders holding hedged cattle are finding a strong negative basis of $5 to $7 per cwt., compared with the positive basis of $3 to $5 last July.
The 5-Area Accumulated Average Cattle Price dropped slightly this week from $136.13 on February 29 to $135.66 on March 7.
The 5-Area Accumulated Average Cattle Price saw a little luck this week, jumping from $135.66 on March 7 to $137.88 on March 14.
Cash fed cattle trades $1 to $2 lower for the week, with feeder cattle steady to $5 higher.