National Ag News
Cattle trade no better than moderate
Mar 17, 2017, 16:53 PM
by
System
The feedlot cattle trade was at a standstill on Friday. Apparently the cash traders are content with the level of business generated on Wednesday. Trade volume looks no better than moderate, suggesting that some packers could once again find themselves short bought next Wednesday or there about, according to DTN. The weekly cattle slaughter is estimated at 585,000 head, 2,000 below the previous week, but 35,000 greater than 2016.
Boxed beef cutout values were firm to higher on moderate demand and offerings.
Continue reading Cattle trade no better than moderate at Brownfield Ag News.
