The Cattle Business Weekly
For cattlemen, by cattlemen is this podcast bringing you the latest in cattle industry headlines straight from the news desk of The Cattle Business Weekly in South Dakota. It's a dose of what's happening in markets, on the ranch and in Washington, D.C. It's news about everything that impacts a cattle operation's bottomline (aka profit). Listen to us in the feed truck, on the way to a cattle sale or on the porch with a beer! We promise you won't go away without having learned something.
The Cattle Business Weekly
Record High Cattle Prices
By Stephen R. Koontz, Ph.D. Colorado State University The cattle markets start the summer moving into record-high price territory. The 5-market weighted average cash fed cattle price pushed past 5/cwt while prices in the southern plains were around 0. Live cattle futures contract prices are at a discount to cash and have struggled to break 5. By region, depending on whether the cash market in question is in a deficit or surplus of supply, cash feeder cattle prices for 7-8 weight cattle are above 0/cwt, 6-7 weight cattle are above 0, and 5-6 weight animals are pressing 0. Record highs....