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Monday Market Sentiment: Cash cattle prices decline

Cash cattle prices declined slightly from the previous week, moving the 5-area cash cattle price down $0.38 to $149.38.


Our panel of Monday Market Sentiment cattle industry experts estimate a greater decline in the coming week at $148.36.


Choice boxed beef was weaker than the previous week, with a high on Tuesday of $226.99 and settling at $222.52 yesterday. This moves the 27-day average down from the previous week to $235.56. Choice primal rib fluctuated throughout the week, seeing a high of $326.42 on Monday, a $4.23 hike from the previous week. The stronger numbers helped boost the 27-day average to $324.18.


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INDUSTRY HEADLINES

 

 

Monday Market Sentiment: $148.36
Last Week’s Trade: $149.38
Change: $1.02

 

This Week’s Winner:
Mike Drinnin, Drinnin Feedlots Inc.

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