Fed cattle prices were mostly $2.00 lower for the week as cattle in the
South sold for $147 to mostly $148, while trade in the North was mostly $150
live and $237 to $240 dressed. Boxed beef was sharply higher on the week with
limited supplies noted while demand for trimmings and end cuts, as well as
loins, was strong.
Feeder cattle values were steady to $3.00 higher for the week while calves were
steady $2.00 higher. Stout demand for all classes of replacement cattle was
evident and offerings of calves and feeder cattle were limited, especially
early in the week due to winter weather in parts of the Central Plains.
Slaughter cows were primarily steady to $4.00 higher on the week; supplies
remain tight.
Corn prices moved higher on the week as concern surfaced about cold soil
temperatures as we move closer to spring and planting.
Check out today's Chart of the Day. For recent
market news and analysis, visit CattleFax.com.
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