There were good receipts at the feeder cattle test auctions with 33,400 head, about the same as last week and roughly 2,000 above last year. Prices were easily $5-10 higher with instances of $15-20 higher on the heels of the CME rally....More
This decline that began on mid-month was a normal seasonal change that usually runs until late in February. The spring rally normally kicks in around March at the beginning of the grilling season....More
The 2016 Cattle Industry Convention and Trade Show is kicking off this week in San Diego, Calif. Follow along with all the fun happening at the show with our photo gallery which will be updated daily. We also will be live tweeting from this week's events -- follow along using the hashtag #beefmeet.
Prices continued the downward movement that began last week and were $5-10 lower with instances up to $15 lower. The calf prices declined the most since they were closer to steady the previous week and caught up with the ongoing declines....More
The Daily Choice box beef cutout jumped $44 dollars in less than 3 weeks, but is starting to show signs that it will be following the normal seasonal decline that begins in later January and lasts through most of February....More
The feeder cattle receipts in our test auctions totaled over 37,000 head and the yearling market was $4-6 lower on the heels of the CME declines. The calf market was steady to weak, but instances were higher as recent moisture is improving the spring grazing outlook....More