<\/p>\n<\/a>Livestock<\/u> –
\nOther than on the Fed Cattle Exchange cash cattle sales were pretty quiet.\u00a0 In my opinion, sales on the Fed Cattle Exchange were a bit of a disappointment.\u00a0 The sales weighted average price was basically equal to last week, at $110.47 it was up $0.19 from last week.\u00a0 The disappointing part was only 3,249 head out of 7,753 sold; that is about 42%.\u00a0 We should start to see action in the country pick up today and tomorrow.\u00a0 With cold weather pushing across the country today and this weekend, we may see some feeders in the north want to get rid of any ready cattle.\u00a0 Spot LCZ is still holding a premium to cash prices, so I guess the market has hope sales in the country today and tomorrow will be better than what we saw yesterday.\u00a0\u00a0 Cattle deliveries remain at 0.\u00a0 Cutout was mixed yesterday but packer margins should remain strongly positive.<\/p>\n
For the week ended Dec 16, The IA-MN weekly avg hog weight was down 0.5 lbs to 280.7; that is roughly 2.3 lbs lighter than last yr.\u00a0 Seasonally we should see weights increase a bit into the end of the year. Cash hog prices continue to defy seasonal trends and climb with the National Avg carcass price at $53.40, up $0.10 on the day.<\/p>\n
<\/p>\n
DISCLAIMER<\/u><\/strong>:<\/strong> Livestock – Other than on the Fed Cattle Exchange cash cattle sales were pretty quiet.\u00a0 In my opinion, sales on the Fed Cattle Exchange were a bit of a disappointment.\u00a0 The sales weighted average price was basically equal to last week, at $110.47 it was up $0.19 from last week.\u00a0 The disappointing part was only […]<\/p>\n","protected":false},"author":5,"featured_media":1574,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[],"yoast_head":"\n
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