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Market Snapshot

Cash Cattle Trend:

                            1/12/2018

 

The cattle complex closed the week with a last minute round of short-covering, causing feeders to gain somewhat on live counterparts. Lean hog issues settled mostly higher, supported by short-covering and generally positive fundamentals.

 Fed Steers Live


  -1 to 2  119 - 120
Dressed Basis
-1 to 3  191 - 192

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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

                                        1/12/2018

March soybeans took back 10 1/2 cents of this week's losses on Friday, helped by a slightly smaller crop estimate from USDA. Friday's reports weren't as kind to corn and wheat prices with March Chicago wheat dropping 12 3/4 cents and ignoring a new three-year low in the U.S. dollar.


Local 12% Winter
     -14 436 - 475
Local 14% Spring
-16 to 17 573 - 640

>> More Grain Cash & Futures - 

All three grains closed lower Thursday as mild summer temperatures blanketed the Midwest with another day of good growing weather.


















Featured Auction

     

 

Public Auction Yards

1/12

6-700 lb Steers
153 - 160
Sl. Cows
59
Bred Heifers
1350 - 1835

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