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Cattle

Choice Fed Steers Clean Up Cattle from Last Week123 - 125
  Trend week of 3/20+5
127 - 136
Dressed Basis   
Clean Up Cattle from Last Week208
   Trend week of 3/20 +8210 - 218
Boxed Beef Cutout -0.34219.57
121 loads
Tue PM

Hogs

Western Cornbelt-0.6563.74
Iowa Lean Average-0.62

63.21

Tue PM

Sheep/Goats

Finished Lambs (Sioux Falls, SD 3/22)+4 to 6157 - 166
60-90lb Feeder(Sioux Falls, SD 3/22)Weaker207 - 290
Sl. Ewes (Sioux Falls, SD 3/22)+577 - 85
60-80 lb Sl. Kids (Sioux Falls, SD 3/22)
275 - 290

Livestock Market News

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Market Commentary

Market Commentary from the Northern Ag Network:

 3/28/2017 2:00 PM

DTN reports:  

Lean hog futures closed moderately lower, pressured by follow-through selling and pork demand worries. For the most part, live and feeder contracts settled moderately higher with the help of short-covering and profit-taking.


LIVE CATTLE

Spot April sagged further on the close, adding another 30 points to Monday's sell-off. Yet the rest of the market managed to stage a moderate recovery (i.e., up 15 to 52) with the help of light short-covering and recent feedlot premiums. Beef cut-outs: moderately lower, off $0.34 (choice, $219.57) to $0.60 (select, $213.02) with light to moderate demand and offerings (53 loads of choice cuts, 24 loads of select cuts, 13 loads of trimmings, 31 loads of coarse grinds).

 

WEDESDAY'S CASH CATTLE CALL:

Steady to $2 higher. Cattle buying interest could start to take shape at midweek, but significant trade volume is likely to be delayed until Thursday or Friday.

 

FEEDER CATTLE

Closing feeder futures ranged from 62 points higher to 15 lower. Generally speaking, the trade closed moderately higher in very light trade volume. CME cash feeder index: 03/27: $133.26 up $0.17.

 

Livestock Futures