Sep 2, 2014
Home| Tools| Events| Blogs| Discussions| Sign UpLogin

USDA: Stars Align for Feeder Market

May 5, 2014
By: Jo Windmann, AgWeb.com Web Producer
BT Feedlot Cattle
  
 
 

Corbitt Wall with USDA Market News gives the weekly Feeder and Stocker Cattle Summary for the week ending May 2.

Feeder and stockers sold for $2 to $5 higher with many instances of $8 to $10 higher, many of which were not light cattle but the larger cattle. The market saw the biggest gains on heavy feeders with steers weighing over 800 pounds and heifers over 700 pounds.

Wall noted that this is still a really strong market for all classes of feeders and stockers. This week also saw a lot of support on the boards in response to last week’s bullish sales.

"The stars just keep lining up for this feeder market," Wall said. He also noted that the market doesn’t show any signs of slacking off. Demand is still outstanding and supplies are light. Plus, spring rains have fallen mostly on crop ground and with pasture ground—especially west of the Rockies—remaining dry, this helps support the price of feeders.

Market remains strong with good demand from all sectors.

Watch Corbitt Wall’s full report on Beef Today’s Cattle Markets Center.

 

 

See Comments

RELATED TOPICS: Beef, Marketing, Management, USDA, Cattle

 
Log In or Sign Up to comment

COMMENTS

No comments have been posted



Name:

Comments:

Receive the latest news, information and commentary customized for you. Sign up to receive Beef Today's Cattle Drive today!. Interested in the latest prices for cattle in your area? See highlights of the latest for-sale cattle in the Cattle-Exchange eNewsletter.

 
 
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by AmericanEagle.com|Site Map|Privacy Policy|Terms & Conditions