Beef demand pulls feds $2 lower

Jul 18, 2005
After a couple weeks of steady prices, feedlots nationwide were starting to feel the pressure and traded cattle $1-2 lower than the prior week. Through last Thursday, northern Plains cattle feeders sold 55-60,000 head at mostly $127 dressed. Southern Plains and Southwest feedlots finally pulled the trigger Thursday afternoon at $80-80.50 live, compared to mostly $82 the previous week. Texas feeders sold 35-40,000 head, while Kansas trade totaled 45-50,000 cattle. ...

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