Robust packer demand has pushed the cash fed cattle rally into the New Year. Cattle sold in the South at $124 per cwt., $2 higher. In the North live sales were $124 to $125, and dressed sales from $198 to $200 per cwt., $2 to $5 higher.

Over the past 10 weeks, cattle feeders have gained market leverage in a rally the likes of which have not been seen in many years.

https://www.drovers.com/article/fed-cattle-rally-carries-new-year