Feedlots hold out for more money

Oct 9, 2006
Fed cattle trade continued its recent trend of slow development last week as packers once again worked hard to convince feedlots they intended to stick to offering prices. As of Thursday last week, bids were still as much as $5-6 below asking prices. Very little trade had taken place and analysts were calling the market steady to perhaps $1 higher at $91 live and $140-142 dressed basis when buyers and sellers finally came together. At those prices, packers ...

You must Sign In or Register to access this content

Not a subscriber yet? Try WLJ free for 30 days!

Register to read WLJ's digital edition and enjoy unlimited access to the news source more livestock producers depend on.

Click here to begin your free 30 day trial subscription.

Current Users

Forget your password?

Current WLJ subscribers: Log in using your six-digit customer number, which you will find printed above your name on the mailing label of your weekly journal. Use the password wlj123, then go to the profile page to customize your password and log in as you wish.