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Market Snapshot

Cash Cattle Trend:

                            12/15/2017

Moderate cattle trading developed in most areas just before the weekend break as feedlot managers responded to higher packer bids. Live business in the South ranged from $118-$120, $1 to $3 higher. Most dressed sales in the North were marked at $190, generally $3 higher than last week's weighted average basis Nebraska. 

 Fed Steers Live


  118 - 120
Dressed Basis
188 - 190

>> 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

                                        12/15/2017

It is difficult to say what grain traders were doing Friday, but buying and selling grains was not at the top of their lists as corn, soybeans, and winter wheat all posted tiny changes for the day with not much volume. Talk of an improving economy helped the March U.S. dollar index trade higher while most commodities other than grains also traded higher.


Local 12% Winter
     -1 419 - 477
Local 14% Spring
+8 573 - 645

>> 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

     

 

BLS Northland Stock Cow Sale

12/06

Bred Heifers
1360 - 1535
3-4 YO Bred Cows
1450 - 1810
5-6 YO Bred Cows
1200 - 1710

>> More Local Auction Markets