Preview of next week's Cattle on Feed numbers | Weekly Livestock Market Update
This week, Brownfield's Meghan Grebner and livestock economist Scott Brown preview next week's Cattle on Feed and Livestock Slaughter reports.
This week in the markets:
Live fed cattle prices are $0.30 higher on the week, and feeder cattle markets were $1.00 to $4.00 higher this week. December live cattle were down $0.35 on the week, and November feeder cattle were down $2.35 on the week. Choice box beef was $9.45 higher this week. Cash hogs were $1.10 lower this week. December lean hog futures were up $0.20 on the week. Pork cutout values were $0.40 higher this week.
Weekly Slaughter:
At the end of the week, cattle slaughter was 608,000 head, up 22,000 on the week but down 30,000 for the year. Hog slaughter was 2.613 million head, up 29,000 from the previous week but down 3,000 on the year. Year-to-date cattle slaughter is down 3.8% relative to last year, and hog slaughter is up 1.1%.
Next week's reports:
» Livestock Slaughter
» Cold Storage
» Cattle on Feed
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