Start Date

26-2-2011 12:00 AM

Description

The beef supply is declining and cattle prices are rising. Fed cattle prices averaged $95/cwt in 2010, up $12.30 compared to the year before and up $2.75 from the previous record set in 2008. Feeder cattle prices were close to record high last year. Yearling prices were the second highest ever with 750-800 pound steers averaging $108.71/cwt at Oklahoma City, up $12.58 from the year before and only $2.23/cwt short of the 2005 record. Steer calves weighing 500-550 at Oklahoma City averaged $124.54/cwt in 2010, the third highest annual average behind 2005 and 2006.

Share

COinS
 
Feb 26th, 12:00 AM

Another Year of Record Fed Cattle Prices

The beef supply is declining and cattle prices are rising. Fed cattle prices averaged $95/cwt in 2010, up $12.30 compared to the year before and up $2.75 from the previous record set in 2008. Feeder cattle prices were close to record high last year. Yearling prices were the second highest ever with 750-800 pound steers averaging $108.71/cwt at Oklahoma City, up $12.58 from the year before and only $2.23/cwt short of the 2005 record. Steer calves weighing 500-550 at Oklahoma City averaged $124.54/cwt in 2010, the third highest annual average behind 2005 and 2006.