The feedlot cattle trade was wrapped up early this week. Prices were sharply higher, up $5.00 to 6.00 and trade volume was decent in most areas. Look for feedlot operators to price cattle at least several dollars higher on Monday. The weekly cattle kill is estimated at 575,000 head, 3,000 above last week, and 34,000 greater than last year.
Boxed beef cutout values were sharply higher on moderate to fairly good demand and moderate offerings.
Continue reading Feeder cattle futures were sharply lower at Brownfield Ag News.
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