As of Friday June 19, 2015, the average price of Live Free On Board Cattle was $151.93. This price is an average drawn from agweb.com, agcenter.com, and ams.usda.gov. While generally stable, this price is subject to change due to market events as diverse as flooding, speculation, and fuel prices.Continue Reading
Live Free On Board (FOB) Cattle refers to the point at which the animals are purchased for slaughter.
Cattle are also often sold for breeding and other purposes before trans-shipment. These are referred to as Feeder Cattle in financial markets.
Another important price category is Dressed For Delivery. This is the price of the animal once it has been slaughtered, butchered, and prepared for sale to retailers and other users. Due to the added labor, it will generally be higher than the FOB price.Learn more about Agriculture