Saturday, September 3, 2011
Cattle trade at steady to higher prices
The weekly cattle trade did not get started until Friday afternoon as feed yards and packers had trouble finding middle ground. Packers had hoped to push prices lower as beef prices tumbled. Boxed beef demand hit a wall of water as Hurricane Irene flooded much of the Eastern Coast. This is also the time when demand typically begins its seasonal struggle. USDA Mandatory reported trading was light in the Southern Plains with a few sales at 113.00, steady to .50 higher. Trading was light in
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment