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Markets

by WLJ
2011 September 30
Trade remained sluggish most of last week with only a few token packer bids of $116 live and $1.83- 1.84 dressed being passed by bullish feedlot managers asking $120 live and $1.90 dressed. "The way it looks right now, a $118/$1.86-$1.88 trade seems reasonable," according to Troy Vetterkind with Vetterkind Cattle Brokerage.
by WLJ
2011 September 23
Fed cattle markets were slow to develop again last week. Futures markets were showing some strength early last week until Thursday when the news of a broader equity market sell-off took place, dragging nearly all commodities down.
by WLJ
2011 September 9
Fed cattle trade was slow to develop last week after lackluster meat sales over the Labor Day weekend. Futures markets were stronger on live cattle, setting the stage for stronger fed trade later in the week.
by WLJ
2011 September 2
Cash fed cattle trade was slow to develop last week coming into a Labor Day-shortened production week. Cattle feeders were offering cattle at $114 live and $181 dressed but packer offers were at $110-111 and $177-178, respectively. Trade was expected to be steady to $1 lower than the prior week.
by WLJ
2011 August 26
Fed cattle prices dropped last week as a result of weakness in cash prices and decreased demand from the consumer segment. On the Plains, cattle traded for $112.50-113 live and $180-181 dressed. Corn Belt trade ranged from $179-$181 dressed and $113 live.
by WLJ
2011 August 19
Plains fed cattle traded last week at $113-$114 in Texas, with dressed sales in Nebraska at $182. Wednesdays negotiated cash trade was inactive on light demand in the southern Plains and Colorado and limited on light demand in Nebraska and the western Plains.
by WLJ
2011 August 12
Fed cattle trade was opening with sharply higher prices last week as a surge in boxed beef prices and improving packer margins helped fuel the market. Although volume was light through midday last Thursday, early dressed trade had been reported on light volume at $185 and analysts were predicting that the volume live trade would
by WLJ
2011 August 5
Cash fed cattle trade was slow to develop last week as cattle feeders held out for higher money. The light, early trade seemed to indicate the tactic was working, with the light volume trading at $109.50 to $111 in the Corn Belt, although there were not enough animals trading hands at midday last Thursday to call the week’s trend.
by WLJ
2011 July 29
The drought is forcing cow liquidation in the southern Plains, and it’s also pushing calves and lightweight feeder cattle into feedlots, according to USDA’s July Cattle on Feed report. The National Agricultural Statistics Service reported that the number of cattle on feed in feedlots of 1,000 head or more in the U.S. rose
by WLJ
2011 July 29
Smart energy policy must balance renewable and conventional sources of energy, stress self-sufficiency and avoid diluting science with politics, according to California Farm Bureau Federation President Paul Wenger.
by WLJ
2011 July 21
Fed cattle trade slipped again last week as high temperatures and declining demand hit the market. Analysts have been calling for a late July summer low, so the market could be close to hitting its bottom in the near term. In the southern Plains last week, live fed cattle traded $2-3 lower at $108-109 while dressed cattle in the North were
by WLJ
2011 July 15
Fed cattle trade was slow to get started last week with feedlots holding off on packer bids, hoping to keep the market steady despite the hot weather settling into much of the country. Packers, on the other hand, were hoping to push prices lower as a result of expected weakness in the beef markets in the weeks
by WLJ
2011 July 8
There are still expectations that beef demand going into the later half of July will weaken and that has the market reacting cautiously to any upside price advances. The full production week ahead should refill any beef supplies that moved through the pipeline prior to the Fourth of July holiday and domestic sales were about in line with
by WLJ
2011 July 1
The fed cattle trade last week was slow to get started as packers were looking at the expectation that beef prices were likely to drop after the Fourth of July holiday weekend. That kept the bulk of last week’s trade pending at midday last Thursday as feedlots held cattle back
by WLJ
2011 June 24
A see-saw week in the fed cattle markets pushed off the bulk of trade last week until very late, with the majority of the action looking to be postponed until Friday. The early light sales in the Corn Belt and Nebraska were reported at $178-180 dressed while some live cattle trades were reported at $110-111 at midday last
by WLJ
2011 June 16
Fed cattle trade was developing last Thursday in a full range of $107-109 live in the southern Plains. Northern trade, where volumes were still on the light side, was reported at $178 dressed at midday last Thursday. Those prices were $2-3 higher on the live cattle and dressed trade was $3 above the
by WLJ
2011 June 9
Fed cattle trade was fully developed by late last Wednesday. For the week, trade reversed its recent slide and moved $1-2 higher on live cattle in the southern Plains where cattle traded in a range of $105-106. Dressed trade in the northern tier was reported at $172-175, a level which was $3-4 higher than the
by WLJ
2011 June 3
Fed cattle traded steady last week after a hard sell-off in the futures markets pushed cattle feeders to the table to sell cattle last Wednesday. Live cattle in the southern Plains traded mostly steady to slightly firmer than the prior week at $104 while northern cattle feeders sold live


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