In this week's Cattle Market Weekly Audio Report, calf and feeder cattle prices continue to run counter to traditional seasonal trends. Steer and heifer calves sold $1-$4/cwt. higher last week, with plenty of instances of prices $8-$10 higher, according to the Agricultural Marketing Service.
A light test of true yearling cattle sold steady. The CME Feeder Cattle Index was about even week-to-week, while Feeder Cattle futures found more traction, especially later in the week as corn prices continued to erode.
Cash fed cattle trade continued sluggish this week but finally opened up Friday with live prices in the Southern Plains $1 higher than last week at $132/cwt.
Listen to the Cattle Market Weekly Audio Report every Saturday morning on the BEEF magazine website. This is your report for Saturday, Nov. 16, 2013.
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