Ag Markets from Northern Ag Network


Cash Cattle Trend

                   1/6/2017

Cash cattle activity remains light with bids still unavailable on Friday.  In the Northern Plains and Western Cornbelt on Thursday trading was been limited on light to moderate demand. In Nebraska the bulk of live sales sold steady to 1.00 higher at 118.00 and dressed sales sold steady at 188.00 when compared to the last reported market on Wednesday

Live Basis
115 - 118
Dressed Basis
188

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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

                                    1/9/2017

March Chicago wheat closed up 4 cents, helped by noncommercial short-covering while there is still no strong bullish argument for winter wheat prices.

Local 12% Winter
+5  354 - 428
Local 14% Spring
+6 to 7  490 - 570

>> 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

     

Diamond Ring Ranch 49,752 head - 1/9

6-700 lb Steers
140 - 142
7-800 lb Steers
128 - 135
8-900 lb Steers
124 - 132
 

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