Large Holstein Steer Discounts Seen As Packers Reduce Slaughter

Large Holstein Steer Discounts Seen As Packers Reduce Slaughter
1/17/2017

Cattle prices are still considerably lower than the highs of two years ago. However, Holstein cattle appear to be facing their own price pressure as buyers push discounts. While the state’s dairy herd expands, the prices at auctions shrink. Producers say Holsteins seem to see larger discounts than normal. Despite dairy growth, the dairy industry is seeing some consolidation with smaller dairies in Michigan. Also there’s a need for more packing houses in Michigan because of the Holstein steer market.

The changes are out of the producer’s control and soggy markets have the dairy industry nervous about the prospects for finding profits beyond the milk parlor. To read the full article on the Holstein steer market, click here

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