Fed cattle prices down US$/cwt 3-5

Not surprisingly, the cash market in the US was muddled this past week encapsuled with trade announcements and interruptions and interpretations of the new tariffs. Two hard days down in cattle futures cast a damper over any optimism one might have for the current market prices. In the north live cattle traded for US$/cwt 210-213 — mainly US$/cwt 3-5 weaker. Dressed prices ranged from US$/cwt 335-$345 with the bulk of sales on the low end and some independent packers owning the high end. In the south cash prices for live cattle ranged from US$/cwt 208-210 with the high end of the range established earlier in the week, according to The AG Center report.