Increased heifer retention is having an impact both on the fed cattle market and at the packer.
U.S. Cattle on Feed Down 3%
Cattle feeding margins eroded $62 per head last week, falling $35 into negative territory.
Curt Rodgers sold purebred cattle and horses in more than 41 states, every province of Canada, the Bahama Islands, and Denmark. In 1971, he created the sales management firm North American Auction Company.
Meaningful change isn’t accomplished overnight. More often, it happens slowly by chipping away piece by piece until something new suddenly takes shape.
Beef cutout prices jumped $7.22 per cwt. last week, boosting packer profits $40 per head.
The beef market continues to reach new heights.