Fat cattle prices fell in the first week of June, steers down 4 cents

en.Wedoany.com Reported - Fat cattle prices declined last week. According to information from Monday's ACG price meeting, demand-side dominance and stable slaughter volumes led to slight price adjustments.

In transactions concluded during the first week of June, the average reference price for steers was $5.62 per kilogram of carcass, down 4 cents; heifer prices remained flat at $5.50; fat cow prices were $5.26, down 3 cents. Export-grade steer prices fell 3 cents to $5.66 per kilogram of meat.

In terms of restocking, according to intermediary comments, demand remains cautious in the face of high-priced supply. The average price for young bulls was $4.18, down 1 cent; heifers were $3.97, down 1 cent; overwintering cows were $2.35, down 5 cents.

Finally, sheep activity for slaughter was sparse, with a firm market. Lambs had a reference price of $6.11 per kilogram of meat in the ACG price table, up 4 cents; wethers were $5.16, up 3 cents; ewes were $5.08, up 4 cents.

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