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Market Snapshot

Cash Cattle Trend:


Live and feeder contracts concluded the week with slow volume and moderately lower settlements. Though traders seemed patiently awaiting cash news, neither side acted with much anticipatory expectation. Lean hog issues closed on a mixed basis as spot December expired, cautiously making room to consider the tall premium of the new leader February.

Fed Steers Live 

 Steady 118 - 119
Dressed Basis 
   Steady to +1 187 - 188

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Feeder Cattle Futures late Monday morning rallied higher with October contracts posting gains near $3 per cwt in reaction to buyers stepping back into the complex

Wheat Cash Trend


January soybeans fell 6 1/2 cents Friday, still not impressed by a second day of export sales to China and also influenced by a commodity board that was nearly all red. March corn was one of the few commodities that survived with a slight gain, while all three wheats showed modest losses in the face of Friday's higher U.S. dollar.

Local 12% Winter
-2 493 - 560
Local 14% Spring
-4 514 - 586

>> More Grain Cash & Futures - 

All three grains closed lower Thursday as mild summer temperatures blanketed the Midwest with another day of good growing weather
July soybeans fell another 21 3/4 cents Friday after President Trump approved roughly $50 billion of new tariffs against Chinese goods -- a move that may lead to retaliatory tariffs on U.S. soybeans as well as other goods. Corn and wheat ended the bearish week with small losses on Friday, while gold and crude oil saw sharp drops.

Featured Auction


St. Onge Livestock - 11/16

4-500 lb Steers
167 - 190.50
5-600 lb Steers
 154 - 181
6-700 lb Steers
145.50 - 165
7-800 lb Steers
141 - 143.50

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