National Ag News
Feedlot cattle sell at lower prices
Feb 1, 2017, 16:41 PM
by
System
USDA Mandatory reported cattle trade and demand was moderate in the Southern and Northern Plains on Wednesday with early live sales at 119.00 that would be about $3.00 lower than last week. The trade remained slow on moderate demand in all other regions. The Fed Cattle Exchange Auction listed a total of 5,131, with 1,729 head actually sold. The weighted average was 118.82, down from last week’s average of 121.98. Wednesday’s cattle slaughter was estimated at 109,000 head, 3,000 less than last week, but 16,000 more than a year ago.
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