CattleFax

Market Highlights - Friday, February 1, 2019. At press time, light fed cattle trade was noted in the North at $198 to $199 dressed, $1 to $2 higher than last week. Trade in the South had not occurred as of press time; however, the market undertone is $1 to $2 higher. Prices last week were mostly $123. Boxed beef traded near steady to $2 lower, as adequate supply was met with balanced demand, moderating price moves. Feeder cattle traded steady to $3 higher on the week. Calves traded $4 to $8 higher on strong demand, least increase on heifers. Market cows traded $2 to as much as $8 higher this week. Corn ended the week down 2 cents/bushel.

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