USDA Reports 42,536 High Plains Cattle Sales, Down 44% From Prior Week
Updated
Updated · High Plains Journal · May 27
USDA Reports 42,536 High Plains Cattle Sales, Down 44% From Prior Week
1 articles · Updated · High Plains Journal · May 27
42,536 head of cattle were sold in the High Plains in the week ended May 24, down from 75,957 a week earlier and below 46,393 a year earlier.
Texas, Oklahoma, New Mexico, Kansas, Nebraska, Colorado, Iowa and Minnesota feedlots made up the report, which covered weekly weighted average direct cattle sales.
14,078 steers sold live FOB at an average $260.64, while 9,241 steers sold dressed delivered at $410.32 on an over-80% Choice basis.
Heifer trade showed similar pricing, with 6,338 head live FOB averaging $260.52 and 2,350 head dressed delivered averaging $409.47.
With the smallest US cattle herd in decades, why are beef sales and prices suddenly falling?
How are distant wars and AI traders secretly driving the price of American beef?
How is the 'beef-on-dairy' trend secretly reshaping both the meat and milk industries?