The fed cattle market was not established in the North or South as of press time, but the market tone was steady to weak compared to the previous week. Boxed beef prices were softer last week but strengthened towards the end of the week as lower prices attracted buyers.
Feeder cattle were steady to $4 higher amidst increased cash receipts. Calves were mostly steady to narrowly mixed. Slaughter cows were steady to $2 lower for the week as the 90's lean trim showed some weakness midweek.
Corn traded several cents lower again last week as warm fall weather across most of the country aided crop maturity.
Check out today's Chart of the Day. For recent market news and analysis, visit CattleFax.com.
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