Steer byproduct prices drift lower

Byproduct values recently fell to the lowest values since April 2010.

According to Texas A&M AgriLife Extension Service professor and extension economist David Anderson, steer byproduct values continue to drift lower in 2016.

For the week ending Feb. 5, byproduct values averaged $10.40/cwt. live, a $4.20 decline from a year ago. It was also the lowest value since April 2010, when byproducts averaged $10.24. In terms of value of the live fed steer, a 1,300 lb. steer would have an implied byproduct value of $135.33 per head, down $54.60 per head fr

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