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Fed cattle market slips, feeders continue strong

Dec 20, 2007
A moderate to fairly active trade got underway last Thursday following a sharp drop in the live cattle futures during the day. Dressed sales were called steady to $1 lower than the prior week at $154-155.50 dressed and $94-95.50 live in the north. The South saw some very limited trade in Texas at $95.50, which was $1 lower than the prior week when live sales traded from $96 to $97 and dressed ranged from $153 to $155. Many southern feedlots, however, were still ho...

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