Tag Archives: choice beef demand

Cattle Finding a Bottom Into Summer

Cattle prices have been on a downward trend since the 2014 highs. August feeder cattle, as we’ll discuss specifically, are trading at $143 per hundred weight(cwt), last year they were at $194 and at $182 the year before that. Over the last ten years there have only been two significant periods under our current prices. We’ll examine the placement and marketing numbers as well as the choice vs select spread as it relates to the domestic demand we believe will drive prices seasonally higher through the end of the summer.

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