Livestock Risk Partners

“Don’t get sleepy in your risk management, if you have opportunity to cover a profit, take it!”———–Jim Mintert, Purdue University
Providing quality LRP, PRF & LGM Insurance Coverage!

Fed Prices Leading Cattle Markets to Record Levels

The daily 5-Market negotiated cash fed cattle price reported on Thursday, April 6, 2023, by the USDA Agricultural Marketing Service, was $172.33/cwt., a new record daily fed cattle price. This was followed on Friday with at price of $175.87/cwt. The previous record daily price was $172.08/cwt. on November 26, 2014.