National Ag News

A light to moderate cattle trade developed on Wednesday afternoon in several areas. Most of the live sales in the North are marked at 122.00, $9.00 lower than last week’s weighted average basis Nebraska. Activity in the South ranged from 122.00 to 123.00, $8.00 to 9.00 lower than last week. Feedlot resolve seemed to weaken after futures were unable to hold an early rally. The slaughter was estimated at 118,000 head, 2,000 more than last week and 6,000 more than last year.

Continue reading Cattle trade at sharply lower prices at Brownfield Ag News.