Bids and asking prices in cattle country are not well defined as of yet, but it seems safe to assume that ready steers and heifers will start out being priced at least 2.00 to 3.00 higher than last week, roughly around 150.00 plus on a live basis. Last week’s cattle slaughter increased to 612,000 head, and it could inflate by another 5,000 to 10,000 this week. The feedlot gun is currently loaded to steadily walk the weekly kill up toward 650,000 head by midsummer.
Continue reading Midday cash livestock markets at Brownfield Ag News.
Copyright © 2024 Indiana Farm Bureau®, Inc. is a member of the American Farm Bureau Federation®, a national organization of farmers and ranchers including Farm Bureau® organizations in 49 other states and Puerto Rico, and is responsible for Farm Bureau membership and programs within the State of Indiana.