Livestock Markets
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Cattle 

Choice Fed Steers

Steady

123 - 124

 

          Top 127

Dressed Basis 

-2 to 4

196 - 198

            Top 199
Boxed Beef Cutout -0.07

183.12     143 loads

Hogs 
Peoria, IL Steady

57 - 59

Iowa Lean Average

-1.58 86.08
Sheep 

60- 80 lbs lambs

(Bowman ND 1/30)

Steady 222 - 241

Bred Ewes-Solids

(Bowman, ND 1/30)

Steady

200 - 235

Finished Lambs

(Fort Collins 2/2)

Steady to +5

172.50 - 197.50

 

 

Livestock Futures Markets
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From Friday to Friday, livestock futures scored the following changes: February LC, off 108; April LC, off 105; March FC, off 15; May FC, up 75.  Futures closed lower, down 90 to 152. The live pit was pressured near the close by news of sloppy feedlot business.  Feeder cattle closed moderately lower, following the pattern set in the live pit and also pressured by firmer corn.