Between calves dominating the seasonal mix, the holiday week ahead and beef demand pressures, calf and feeder cattle prices faded some this week.
Although lighter-weight calves traded unevenly steady to $5 higher, calves weighing more than 600 lbs. sold steady to $3 lower, according to the Agricultural Marketing (AMS).
There was no help from the fed cattle and beef markets.
Cash fed cattle prices that struggled for steady money the previous week sold $1 lower at $131/cwt. on a live basis and at $207/cwt. in the beef. Choice boxed beef cutout value was $2.24 lower week-to-week $198.92/cwt.). Select was $1.62 lower ($186.82).
Listen to the Cattle Market Weekly Audio Report every Saturday morning on the BEEF magazine website. This is your report for Saturday, Nov. 23, 2013.
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