Feeder cattle lower due to rising corn

Oct 30, 2006
Fed cattle trade was again slow to develop in a very cautious market. At mid week, feeders were holding out for $90 and packers were offering $85. Packers have had positive margins over the last few days; that margin was only about $5 a head and history has shown us that it doesn’t take a packer long to give it all back to the feeder. Only 14,000 head had traded through Thursday at $87 live, $137.00 dressed. Trade was expected to wait until Friday to get und...

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.