
Agricultural News
Fed Cattle Exchange Sees Higher Finished Cattle Prices For Fifth Week in a Row- Average Price of $116.77
Wed, 04 Jan 2017 19:58:17 CST
The first sale of the new year for Fed Cattle Exchange saw the trend to higher prices from week to week continue in 2017, with a total of 5,711 total head being offered and 4,826 head sold for a weighted average price of $116.77, up $1.39 per hundred from the $115.38 paid on the last Wednesday in December.
The overall range of sales went from $115.50 to $117.25, with Texas pens of cattle selling from $117 to $117.25.
To see the list of pens of cattle sold and details about them, click here.
FedCattleExhange.com is an internet based technology platform owned by Fed Cattle Exchange, LLC, a wholly owned subsidiary of Superior Livestock Auction, LLC.
Superior is the largest marketer in the US of cattle using televised and internet auctions. Superior has offices in Brush, CO, Fort Worth, TX and Oklahoma City, OK. Superior is registered with the Grain Inspection, Packers and Stockyards Administration as a Market Agency Selling on Commission and as a Dealer.
Fed Cattle Exchange is not registered with the Grain Inspection, Packers and Stockyards Administration and is not acting as a dealer or as an agency that is selling on commission. Fed Cattle Exchange is not bonded for the protection of the seller or buyer of cattle on the Exchange. Fed Cattle Exchange does not collect money from buyers on behalf of sellers and makes no representation or warranty about the financial soundness or prospects of payment from the buyer.
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