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Market Snapshot

Cash Cattle Trend:

                            11/15/2018

Most cattle issues settled moderately higher as the cash waiting game continued. Lean hog contracts also finished primarily in the green with 2019 issues leaping ahead of nearbys.

Fed Steers Live 


 Steady to -2  110-114
Dressed Basis 
   Steady to -2  176-178

>> 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

                                        11/16/2018

December soybean meal closed up $5.50 Friday, boosted by a healthy start of export sales commitments in early 2018-19. Soybeans and winter wheat ended modestly higher while corn and spring wheat were a little lower.

Local 12% Winter
+2 to 6 471 - 535
Local 14% Spring
-2 to 3 501 - 575

>> 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

    

Miles City Livestock - 11/13

4-500 lb Steers
175.50 - 195.50
5-600 lb Steers
 156 - 181
6-700 lb Steers
145 - 160.50
7-800 lb Steers
144.50 - 146

>> More Local Auction Markets