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Fed cattle prices fall $2-4

Dec 20, 2007
Despite packers being somewhat short-bought last week, the country trade got started off early last Wednesday with feedlot managers in Nebraska taking lower money for more than 55,000 head of fed cattle at a weighted average price of $147.42 dressed basis, nearly $4 lower than the previous week’s trade. Live trade was off $2-2.50 at $92-92.50 in Nebraska. Colorado live sales sold $1.50 to $2.50 lower at $92.50 and dressed sales sold $3-4 lower from $146-147. Liv...

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