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Market Snapshot

Cash Cattle Trend:


The cattle complex closed in narrow ranges and mixed prices as traders cautiously positioned ahead of cash news and the late-week posting of the July 1 on-feed report. Lean hog futures also closed without consistent trend thanks in part to a variety of spreading strategies.

Fed Steers Live

 -2 to 4  109 - 111
Dressed Basis
-5 to 7  173 - 175

>> More Livestock Cash & Futures Markets 

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


New-crop corn, soybeans and all three wheats finished higher Thursday, given a boost by hot and dry conditions in the southern Plains and expectations for increased drought in the southern Plains and Pacific Northwest. Outside commodities were mixed.

Local 12% Winter
+8 to 9 459 - 516
Local 14% Spring
+8 to 9 467 - 542

>> 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


Superior Livestock  - 7/9-13 

400-499 lb Steer Calves
193 - 225
500-599 lb Steer Calves
 172 - 185
600-699 lb Steers
166 - 174
700-799 lb Steers
      161 - 163

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