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Market Snapshot

Cash Cattle Trend:

                            10/17/2017

Cash cattle markets remain generally quiet late Tuesday afternoon with a few token bids developing across cattle country. Bids are seen at $109 live basis in both the North and South, while dressed bids are reported at $173 per cwt in Nebraska. At this point, asking prices appear to be pegged at $113 and higher live basis, and $178 to $180 dressed. Very little feeder interest is being shown these bids even with the pullback of futures.

 Fed Steers Live


110-112
Dressed Basis
 175-176

>> 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

                                        10/17/2017

Commercial selling pressured soybeans and meal prices lower on light volume Tuesday while corn and winter wheat drifted to slightly lower closes. This week's weather looks good for harvest progress, but traders are not finding much new to trade on.

Local 12% Winter
  -1 437 - 488
Local 14% Spring
 +2 551 - 611

>> 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

     

 

Stockmen's Livestock

10/12

4-500 lb Steers
185 - 202
5-600 lb Steers
168 - 186
6-700 lb Steers
166 - 173

>> More Local Auction Markets