Markets move lower on seasonal demand
Cattle markets were much softer last week as packers showed little interest in increasing slaughter in the wake of softer cutout values; the packer margin index shows packers losing $69.25 per head on an average buy in at $124.85. Therefore, packers were successful at moving the market lower by $2.
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 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.