Cattle Market Notes: Week Ending Jan 10, 2014


I hope everyone had a great holiday. There are a few changes I want to note. First, the price and production tables will no longer be published on a week-to-week basis but rather updated at this link (here). Also, I noted  few months ago that the newsletter was moving locations to a site hosted by Mississippi State University. I was wrong then, but have been assured the site is up and running now. I will post to both for the time being, but this newsletter will be moving to this web address (here). As always, if you have any comments, don’t hesitate to let me know (riley@agecon.msstate.edu, 662-325-7986)

Cash Cattle:

Wow, much has happened since my last update. Cattle markets have been on fire as 2013 came to an end and thus far in 2014. For example, this week’s five-area live steer price finished the week at $139.54, up $2.06 per hundredweight, dressed steers were at $221.48, up $4.34, both records when prices are not adjusted for inflation. Futures and boxed beef prices are also higher. Live cattle sales in the Texas Panhandle and Southwest Kansas were called at $139. In Nebraska cattle transactions were, respectively, at $139-$140 and $220-$222. In the Western Cornbelt live and dresses cattle trade was a bit lower at $138-$139 and $220-222, respectively. Continue reading “Cattle Market Notes: Week Ending Jan 10, 2014”