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Calf and feeder prices lose some steam

2016-03-26 02:27:00| Beef

Bearish futures markets following the monthly Cattle on Feed report helped pressure cash cattle prices this week. Calves traded mostly steady to $5 per cwt lower, according to the Agricultural Marketing Service (AMS). Yearlings sold steady to $5 lower early in the week and then mostly $3-$8 lower. Though too few to trend, live sales were $2-$4 lower in Nebraska and Iowa-Minnesota at $135-$137. Limited dressed sales in those regions were $4-$5 lower at $218. Live sales in the Southern Plains on Thursday were mostly $3 less than the previous week at $136. read more

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