Monday, November 10, 2014

CattleFax - Weekly Recap

The fed cattle market in the South was $167 last week, $1 lower compared to the previous week. The fed cattle market in the North was also $167, $1 lower than the previous week. There was a stronger tone for the remainder of the showlist in the North. Boxed beef prices were softer last week as demand is still waiting for holiday buying to start.


Feeder cattle were mostly steady with instances of $2 higher. Calves were also steady with instances of $4 higher. Slaughter cows were mixed, from $2 higher to $2 lower. Corn maintained a sideways trading range and closed several cents lower for the week.

Corn harvest is at 65% last week compared to the long-term average of 77% over the same time period.
Check out today's Chart of the Day. For recent market news and analysis, visit CattleFax.com.

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