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Market Snapshot

Cash Cattle Trend:

                            1/15/2019

Early interest flooded into livestock trade Tuesday, with futures posting sharp gains. Limited buyer activity allowed for prices to pull back from early gains, but most contracts shifted higher.

Fed Steers Live 


 +1 123 - 124
Dressed Basis 
  +2 196 - 197

>> 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

                                        1/15/2019

Corn, soybeans and wheat fell hard on Tuesday, reeling from very poor economic news from China, and a dearth of demand news, as the government shutdown continues.

Local 12% Winter
-4 to 6  469 - 543
Local 14% Spring
+-4 to 5 485 - 552

>> 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

    

Northern Livestock Video - 1/7-8

5-600 lb Steers
175 - 195
6-700 lb Steers
 156 - 167
7-800 lb Steers
142 - 159
8-900 lb Steers
137 - 147

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