Fed Cattle
Fed cattle traded $1 lower compared to last week on a live basis. Prices on a live basis were mainly $153 to $155 while dressed prices were mainly $247 to $248.
The 5-area weighted average prices thru Thursday were $153.84 live, down $1.23 compared to last week and $247.72 dressed, down $0.29 from a week ago. A year ago, prices were $136.93 live and $218.00 dressed.
In a typical week, the percent of cattle traded on a live basis makes up 15 to 25 percent of total cattle marketed for slaughter while the remainder of cattle are…
