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Market Snapshot

Cash Cattle Trend:

                            8/22/2017

 

Prices were weaker last week in the north relative to the south last week. Fed supplies have been building there at a faster clip than the southern plains and are always heavier. Cattle in the south sold mainly at $110. In the north the bulk of cattle sold for $109 but the damage came in the dressed prices where prices ended at $175 or $10 lower than the previous week.

 Fed Steers Live


  108 - 110
Dressed Basis
 174 - 175

>> 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

                                        8/22/2017

One last day of rain around the central and eastern Midwest was enough to take December corn down to $3.60, near last year's August low. Chicago and K.C. wheat posted new contract lows while December Minneapolis wheat fell to its lowest close in two months, unable to find any buying interest while the spring wheat harvest nears its final third.

Local 12% Winter
-9 328 - 414
Local 14% Spring
  -14 586 - 646

>> 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

     

 

Northern Livestock Video Auction

8/21

4-500 lb Steers
172 - 198
5-600 lb Steers
152 - 176
6-700 lb Steers
145 - 168

>> More Local Auction Markets