Beef Market Update: Fed Cattle Prices, Forward Pricing & the Coming Calf Run

Prices are firm, feed costs are looking softer and there’s plenty of green grass still late in the year. Let’s call it a good place to be before the moving and shaking of the fall calf run. As Anne Wasko, of Gateway Livestock, says in this edition of the Beef Market Update, fat cattle prices are $10 per hundred weight over last year at this time as sales are just beginning in to the fall run. Good feed conditions could mean the calf run starts a bit earlier this year, but sales are starting and many in the business are forward pricing now. All that and more in this week’s Beef Market Update. Click here for past episodes!

If you cannot hear or see the embedded SoundCloud interview, click here.

 

RealAgriculture News Team

A team effort of RealAgriculture's videographers and editorial staff to make sure that you have the latest in what is happening in agriculture.

Trending

Wheat prices jump into August — This week in the grain markets

This week, winter wheat prices touched a three-year high, but it didn’t last. Chicago SRW wheat prices for September 2018 gained 5 per cent or about 26 cents US/bushel to close at $5.56. While the December 2018 contract was up 5.4 percent — or nearly 30 cents — to finish a tad under $5.80. In…Read more »

Related

Leave a Reply

 

This site uses Akismet to reduce spam. Learn how your comment data is processed.