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Market Snapshot

Cash Cattle Trend:

                            2/16/2018

Late-week support moved into the cash cattle complex, pushing prices $4 to $5 per cwt higher than last week. This building support continues to affect the rest of the market, pushing front-month live cattle futures higher Friday. Markets will remain closed Monday and reopen Tuesday morning.


 Fed Steers Live


  +4  128 - 130
Dressed Basis
+5 204 - 205

>> 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

                                        2/16/2018

Grains were active for a while on Friday, but by the end of the session, corn, soybeans, and two of the three wheats were lower on light volume, avoiding any big moves ahead of Presidents Day weekend. The March U.S. dollar index is on track for its first higher close this week, possibly helped by profit-taking near its lowest prices in three years.

Local 12% Winter
   +1 488 - 536
Local 14% Spring
-4 570 - 630

>> 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

     

 

Torrington, WY- 2/13 - 3,922 head

5-600 lb Steers
Steady 185 - 220
6-700 lb Steers
 Steady 160 - 186
7-800 lb Steers
Steady 150 - 157

>> More Local Auction Markets