Livestock Markets
Sponsored By:
Cattle 

Choice Fed Steers  

Steady

124

 

          Top

127.50

Dressed Basis        

Not Enough for Trend

202

 

          Top

202


Boxed Beef Cutout +0.17

211.37   111 loads

Hogs 
Peoria, IL Steady

59 - 61

Iowa Lean Average

-0.20

90.37

Sheep 

Finished Lambs      (Sioux Falls, SD  5/22)

No Comp

103.50 - 120
60-80 lb feeder lambs (Sioux Falls, SD 5/15) Firm 117 - 130

Slaughter Ewes               (Sioux Falls, SD 5/15)

+3 to 5

25 - 36

  -  -

 

Livestock Futures Markets
Sponsored By:

The cattle complex closed significantly lower for the second consecutive session, pressured by long liquidation, poor buying interest, and cash nervousness. The live pit continue to yawn in the face of record-high wholesale beef prices, choosing instead to stew over suggestions that consumer demand in early summer will not be strong enough to support these historical levels.