The Fed Cattle Exchange Internet Auction on Wednesday had 3,928 cattle listed, 2,195 head sold. This week’s weighted average price was 133.35, last week the average was 128.95. The top price paid was 136.50 on 246 head out of Nebraska. So far the feedlot trade is slow to start, but if the pattern of the last several weeks holds true, we may see some business develop after the Exchange Auction. Current asking prices are around 130.00 to 131.00 in the South, and 214.00 in the North.
Continue reading Midday cash livestock markets at Brownfield Ag News.
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