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Cattle prices move higher across the board

2015-10-17 04:23:00| Beef

Cattle prices moved higher with futures prices and wholesale beef values setting a firmer and higher undertone. Calves traded $10-$20 per cwt higher with instances of $25 higher, according to the Agricultural Marketing Service. Yearlings traded $5-$15 higher with the most gains coming early in the week. Direct trade was $3-$10 higher. Although too few transactions to trend through Friday afternoon, negotiated cash fed cattle prices were $3 higher in Nebraska at $130 per cwt on a live basis and $200 in the beef. Early dressed sales in Iowa-Minnesota were $7-$8 higher than the previous week at $202-$205. read more

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