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Senior Contributor
Posts: 327
Registered: ‎12-07-2014
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Slipping Market?

I am noticing that many of the market reports that I have been looking at lately are showing dropping stocker cattle prices. Some as low as 500# steers for about 130cwt.

 

This week’s Livestock Weekly newspaper reported last week’s live cattle trade at 120cwt.

 

The spread between feeder cattle and live cattle seems to be way too close. There are two scenarios that might be causing this. First, people far smarter than I may be suspecting a significant drop in the live cattle market by the time the lower weight cattle would be ready for slaughter. Second, this is a great buying opportunity and will end as soon as the spring grazing fever starts.

 

Have you been seeing the same slip in market prices over the past couple of weeks?

 

Also, what are your thoughts on the current cattle market?

 

 

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