April 18, 2014

Cattle Commentary

Posted 04/17/14

Texas and Kansas started the trade at $146 this morning. That was $1 lower from last week. Though we did hear of Nebraska trades early on at $240 dressed, equal with last week, we soon heard more reports of $148 live ($2 lower). As it stands these lower trades are likely disappointing to much of the market. Though the AM meat report, this week’s wholesale beef was up 3.28 for choice and 3.07 for select.

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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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