August 28, 2014

Cattle Commentary

Posted 8/27/14

Packers stepped out with a little better bids than expected today. $151 was seen in the South. This is right next to last week’s $152/$153. That would imply they would be willing to buy at steady with last week’s trade. This is good news. For those asking, cattle feeders have $154/$155 posted. It looks like this week’s cash cattle trade will not have to wait until Friday to get done…

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    Allendale Advisory Contributor:

    Rich Nelson

    Rich Nelson

    Rich started with Allendale in 1997 after graduating from Western Illinois University with a degree in Economics. Rich represents Allendale’s advisory products through print, radio and television apperances.

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