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Comprehensive Cattle Market Information & News.
Compared to last week: Yearling steers and heifers were mostly steady on a light test. Stocker calves were 4.00 to 8.00 higher. Demand was moderate to goood. Recent rains have wheat pastures in good shape, but muddy conditions made it difficult to get cattle to market. Slaughter cows and bulls were steady.
Texas Cattle Exchange posts weekly market reports for steers, heifers, slaughter bulls and cows.
USDA reported at 3:00 PM on Friday that cash trading has been inactive on very light demand in all regions. Not enough purchases for a market trend. The last reported market in all regions was on Wednesday. In the Texas Panhandle live FOB purchases traded from 188.00-190.00.
Direct Livestock Weighted Average Report for week ending 11/29/2024 Compared to last week: Current FOB steers and heifers were 3.00 to 6.00 higher. Demand was moderate during a shortened holiday week.
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Feeder lamb prices (3-Market Average; CO, TX & SD) have tracked above 2020 levels every week expect for one in March which was $230 per cwt, the lowest price for the year. In February, a record price was set for feeder lambs at $342 per cwt and prices are likely to average about $260 for the year.
