# JBS to sell Five Rivers feedyards

> Feeder cattle prices continued to drift lower in the week to June 22, though by less than the prior week, with some recovery after the CME feeder futures turnaround. Slaughter cow prices rose $1 to $3, with the largest gains in dairy cows, as beef cow numbers fell seasonally.

- Date: 2017-06-22 · published 2017-06-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70663-jbs-to-sell-five-rivers-feedyards
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower feeder cattle prices reduce feeder costs for feedlots, while the seasonal drop in receipts is typical for this time of year. Price direction is mixed across the cattle complex.

## Read by commodity

- FCATTLE: bearish ▼

## Sources

- beefmagazine.com: https://www.beefmagazine.com/cattle-market-outlook/feeder-prices-drift-lower-slaughter-cows-higher

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.