Last week’s average cash cattle trades were $143 in the South and $145 in Nebraska (Iowa $146). . October 3, 2022
Last week's average cash cattle trades were $143 in the South and $145 in Nebraska (Iowa $146). Dressed sales in the North were noted at $229. Futures are implying the South will run $144/$145 this month and $148 in December. Traders are balancing bearish views of consumer demand with the fact we'll have light supply declines early next year then more significant ones later.
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