Cattle feeding losses increased the week ending April 11, as cash prices fell $6 per cwt. on soft packer demand for market-ready cattle.
Meaningful change isn’t accomplished overnight. More often, it happens slowly by chipping away piece by piece until something new suddenly takes shape.
Corn ended the day near its lows, while cattle closed high-range.
Negotiated cash fed cattle trade was called “moderate to active” this week. Surging box beef prices coupled with improved feedyard market leverage spurred prices higher.
Significantly higher volumes of Mexican imported feeder cattle were noted the last two weeks of May and throughout June which offset the lower volumes recorded through the first 4.5 months of the year.
Baltimore police shot and killed a steer that escaped from a city slaughterhouse on a downtown street Friday morning.
The 21st KSU Beef Stocker Field Day will be held virtually on October 1, 2020.