Fed cattle prices down US$/cwt 2

Last week, fed cattle sales in the north were at US$/cwt 197-199 while in the south mainly at $197 or US$ 2 lower than the prior week. Dressed sales were at US$/cwt 313 with a few up to US$ 315 also US$ 2 lower. Falling futures were an influencing factor in the failure to hold prices at least steady. Sales volumes were light in all areas.