Tuesday, June 12, 2007


US Weekly Ave 550 Lb Steer Calf Prices For 5 Years

The general level of calf prices has really raised since 2002. Prices peaked in 2005 and in 2006. Fall prices went up in 2005 with the expectations that the re-entry into the Japanese market would begin in late 2005 and early 2006. Calf prices during the last part of 2005 were drive by market hype rather than market fundamentals. The Japanese market did open up in mid 2006 but at a snails pace. It still is operating at a snails pace.

Fall 2006 calf prices were driven down by the rapid increase in corn prices.
In spite of the high 2007 corn prices, 2007 calf prices are being driven by $100 slaughter cattle. Current slaughter cattle prices in the $90s is still driving calf prices. $100 cattle prices does a lot to relieve $4.00 corn prices!!

You can load a larger version of this chart into your computer by double clicking on the chart to the left. Then, you can print the larger chart from your computer.

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