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Cattle futures and outside markets boost cattle prices

2015-10-10 04:36:00| Beef

Calf and feeder prices finally reversed course this week. From mid-week onwardthanks to a rally in cattle futures--calves traded firm to $5 per cwt higher (instances of $10 higher) and yearlings brought $3-$10 more, according to the Agricultural Marketing Service (AMS). It seems too early to determine if a change in the market has found its bearings. The sharp move higher in cattle futures came without any positive news in the cattle markets or meat trade, say AMS analysts. read more

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