How do you read live cattle prices?
For example, say 300- to 500-pound steers are averaging $95 to $118. The price listed is for hundred weight. In other words, for every 100 pounds the steer weighs, you will receive up to $118.00. Thus, a 350-pound calf would bring $413.00 (3.5 X $118).
What is the current live cattle price?
Key Data
| Label | Value |
|---|---|
| Last | 133.525 |
| Prior Settlement | 133.15 |
| 52 Week High | 133.525 |
| 52 Week Low | 107.375 |
What month are cattle prices the highest?
Prices steadily trended upward from January to June, then remained rather constant from July to December with seeing a high point in September. Prices were highest in mid-fall and lowest in early months of the year. Prices were near the annual average throughout the entire year. Steer Calves (500-600 Ibs.)
What is the difference between live cattle and feeder cattle?
Feeder cattle are weaned calves just sent to the feedlots (about 6-10 months old), and live cattle are cattle which have attained a desirable weight (850-1,000 pounds for heifers, and 1,000-1,200 pounds for steers), to be sold to a packer. The packer slaughters the cattle and sells the meat in carcass boxed form.
How much does a 500 pound calf cost?
For a beef cow, CWT is between $135 and $165. It is an average of $140 per 100 pounds. A calf that weighs 500 pounds costs around $700.
What month are cattle prices the lowest?
January
The seasonal price index for the 700 to 800 pound steers shows a distinct seasonal pattern during the 2005-2014 period. Prices tended to be the highest during late summer and early fall with the lowest prices in January. Prices tend to be the most variable in winter months.
How are live cattle prices determined in trading economics?
The Live Cattle market prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our Live Cattle market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions.
How big do live cattle get before they are sold?
Live Cattle. During this time they reach a weight of between 300 and 500 pounds. Once they have reached this weight they are sold to special cattle breeders who bring the calves up to a mast weight of between 600 and 800 pounds over the next 2 to 4 months. After this, the calves are fattened as feeder cattle at special fattening farms…
What’s the relationship between feeder cattle and live cattle?
Consequently, there is a direct relationship between feeder cattle and live cattle, since a shortage of feeder cattle can also lead to an underproduction of live cattle. It takes breeders between 7 and 12 years to assemble a herd of cattle, but only around 5 years to disassemble it.
Where are live cattle bred in the USA?
“Live cattle” is bred primarily in the USA by cattle breeders in Texas, Kansas, Nebraska, Colorado, Oklahoma, Iowa, South Dakota, Minnesota and Montana. All of these regions share a very cold winter, and so young calves must be born in spring wherever possible, as they require good weather.