Fed cattle prices up US$/cwt 7-8

This past week featured low volumes, higher prices in the south, flat prices in the north and uncertainty over the meaning of Trump’s tariff orders for Mexico and Canada. Sales in the south at US$/cwt 208-209 live reflected US$ 7-8 higher prices but many of the higher quality cattle were unsold at week’s end with packers bidding US$/cwt 209 Friday and only buying a few cattle. In the north live prices were mainly US$/cwt 209-211 with only modest volumes. Dressed sales ranged from US$/cwt 328-332 — mostly 330 or steady. Plants will be likely to trim the slaughter this week, The AG Center reported.