Slaughter cattle traded steady last week. Packers successful in stopping the strong advance in the live market as chain speed has slowed. On the plus side demand for beef remains very strong. Showlist may go unsold last week as some feeders were unwilling to sell at steady money, but Friday's opening futures has the December contract posting highs for the life of the contract.
Feedlots remain current for market ready cattle.
The early winter weather is proving difficult for some feedyards in the north as conditions have become stressful on cattle. Packer demand turned extremely good last week. As the holiday's approach many sale barns will be shut down and packers sought to meet kill needs for the next two weeks. This report is issued weekly and runs from the previous Friday through Thursday of the current week. Slaughter cow and bull prices reflect Tuesday markets.