Cattle Market Weekly Audio Report for Saturday, Apr. 26, 2014

Wes Ishmael
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Apr 26, 2014

In this week's cattle market report, despite the toppy feel to the market and a high percentage of the current offering being new-crop calves, analysts with the Agricultural Marketing Service (AMS) said Friday that it is hard to call demand any lighter as cattle buyers remain active for all classes of feeders.

Feeder calves traded mostly unevenly steady this week, while yearlings feeder cattle continued to march ahead at steady money to $3/cwt. higher.

Feeder Cattle futures increased an average of $4.26 from last week’s market close on Thursday to Friday’s close this week. The CME Feeder Cattle Index ended the week at $179.10, just about a buck shy of the record established earlier this month.

Listen to the Cattle Market Weekly Audio Report every Saturday morning on the BEEF magazine website. This is your report for Saturday Apr. 26, 2014.

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Discuss this Audio 1 (not verified)
on Dec 7, 2014

Dear Editor-
If I do not get a pleasing sensation after eating the beef product, then I vote with my wallet.

I cannot predict if the meat in the grocery's cold case is going to be a crowd-pleaser or a tastless or, worse, an off-taste dud. The beef industry has confused "palete" and "pallets" in the set of goals.

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