Prices closer to summer low

Dec 20, 2007
An active fed cattle trade developed in the northern region at midweek with prices trending $2-$3 lower for live cattle and $4 lower dressed. Nebraska feedlots sold 45,000 head at $86-$87 live and $1.37-$1.38 dressed. Colorado sold fed cattle at $86.50 live and $1.37 dressed, and Iowa feedlots sold 6,000 head at $1.36-$1.38 dressed. Trade in the southern Plains was still at a standstill with feedlots rejecting bids of $87 at midday last Thursday. Analysts were expecti...

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