Feeder cattle prices5/20/2023 ![]() ![]() Although not shown here, for every $0.50/bu increase in the price of corn, the price of a 550-lb calf decreases by about $12.50/cwt ($65 to $70/head). Choice boxed beef closed the week 2.19 higher at 282.07, while Select was 1.97 higher at. ![]() Buyer’s premium is different for each auction. Whether it is feeder cattle to purchase or butcher cattle to sell. Buyer’s premium is added to the high bid price on each item. Necessary breakeven purchase priceĬorn Price ($/bushel) | Feeder Cattle priceĪs shown above, a $0.50/bushel increase in corn price lowers feeder cattle prices by nearly $7/cwt (about $52/head), assuming a steady fed cattle market. The last time that prices were this high was late 2014 into early 2015. Today we are a full service cattle auction, helping farmers with the selling and buying of all their livestock needs. Following is a table showing the effects of corn price and fed cattle price on the necessary breakeven purchase price for a 750-lb steer. They projected that corn prices will likely move higher than the underlying fundamentals would suggest. Overview of Last Weeks Cattle Market Stocker, Feeder, & Slaughter Steer Price Comparison Weekly Feeder Cattle Prices by State Weekly Stocker Calves. Cow-calf producers and cattle feeders have long been interested in the impact that various physical and market characteristics have on feeder cattle and calf. Calf and feeder prices have declined significantly as feedyard costs of gain have increased. Effect of Corn Prices on Feeder Cattle and Calf PricesĬattle-Fax® analysts noted that sharply higher corn prices have created turmoil in the cattle market. ![]()
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