Cattle buyers and sellers continued to stare at each other on Friday afternoon with neither side willing to step toward the middle Bids ranged from 122.00 to 124.00 live, and 196.00 to 200.00 on a dressed basis. Asking prices remained at around 128.00 plus in the South, and 205.00 plus in the North. The weekly kill was estimated at 573,000 head, 20,000 less than last week, but 37,000 more than last year.
Boxed beef cutout values were weak on choice and sharply lower on select on light to moderate demand and moderate to heavy offerings.
Continue reading A stare down in feedlot country at Brownfield Ag News.
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