Cattle & Corn Comments January 23, 2012
Darrell Mark
Slaughter cattle prices rebounded nicely last week to the $125/cwt area following some weakness earlier this month. The feeder cattle market, though, has been especially strong thus far in 2012. Average prices for 500-600 lb. steer calves in South Dakota have approached $180/cwt while yearling weight (700-800 lb.) steer prices surpassed $150/cwt. These prices are more than $30/cwt and $26/cwt, respectively, higher than feeder prices last January.



