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Lean Trim Demand Balances Cull Cow Supplies - The Alberta D2 cow price this week was $85.83/cwt, slightly below last year and 2019, and 8% lower than the five-year average. Prices surpassed $100/cwt earlier this spring for the first time since 2017. Prices peaked in late June at $103.13/cwt, 19% higher than 2019 and 9% higher than the five-year average ...
USDA Cattle on Feed - The USDA released the July 1st Cattle on Feed Report today and it showed on feed numbers 1.3% below last year. The last time on feed numbers were below the previous year was exactly one year ago. Overall, this report is expected to be market neutral to start next week as the reported numbers were mostly in-line with pre-report estimates, with placements and on feed numbers slightly smaller than expected ...