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Market Update 06/13/2022

Monday’s regular cattle sale featured a good run of cows and a light mix of feeders, with an extremely strong cow market.  Slaughter cows topped out at $1.09 per pound, a high we haven’t seen in many years, and cows averaged $.92 cents per pound.  Strong demand leading up to the 4th of July holiday along with higher demand for hamburger due to increased prices of steaks seems to be pushing prices up for cull cows.  I expect prices to remain strong up to the week before the 4th before settling back a bit.  Slaughter bulls were also higher, up to $1.23, though could have been up to $.10 cents more on higher yielding bulls.  Not enough feeder cattle for a good market test, though there was strong demand for smaller 1-3 head lots for pasture cattle.  A good group of black 650 pound heifers sold for $1.40.  Next week we’ll have a feeder special, and should have some smaller lots of good quality fall calves.  If you have any questions or would like to consign, please give us a call anytime.

Kale McGuinness


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