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Market Snapshot

Cash Cattle Trend:


Buyer support moved back into the cattle complex late Friday. The support developed following the early release of the cattle on feed report, which posted a 92% cattle placement compared to year ago levels. Light buyer interest was seen in most other livestock futures despite the limited trade activity.

Fed Steers Live

 -7 to 8 112 - 117
Dressed Basis
-7 to 10 176 - 188

>> 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


July K.C. wheat closed up 15 cents, nearly reaching it highest prices in 10 months with hot temperatures in store for the southwestern Plains through Memorial Day weekend. Friday's trading was light, but also saw modest gains posted for corn and soybeans.

Local 12% Winter
 +15 539 - 599
Local 14% Spring
+9 to 10  609 - 669

>> 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


PAYS, MT - 5/16   5,208 head

5-600 lb Steers
177 - 185
6-700 lb Steers
 157 - 175
7-800 lb Steers
141 - 149
Heifer Pairs
       1850 - 2000

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