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Cash cattle business this week is earlier, higher

Cattle prices continue to climb.  The cash cattle trade began early this week, likely because of Independence Day being on Friday when most of that business is usually done.  Brownfield analyst David Kohli says prices for live steers and heifers in Kansas were $2 to $3 higher at $157.00 to $158.00 per hundredweight.

“Now, there were a few dressed trades in the North at $5 to $6 higher,” said Kohli on analysis that he does daily for Brownfield Ag News.  “Asking prices definitely remain a little bit higher; it looks like the feedlots are seeing this packer interest and they’re wanting just a little bit more.”

In Nebraska, live cattle sold from $156.00 to $158.00 per hundredweight; dressed cattle sold from $249.00 to $250.00 per hundredweight.