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Market Snapshot

Cash Cattle Trend:

                            10/18/2017

Early triple-digit losses in cattle futures Wednesday morning was not enough to keep buyers out of the market through the entire trading session. Cattle futures rallied higher, closing mostly higher in live cattle contracts, and mixed in feeder cattle trade. Sharp lean hog gains redeveloped through the end of the trading session, bringing firmer undertones to the entire lean hog complex.


 Fed Steers Live


110-112
Dressed Basis
 175-176

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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

                                        10/18/2017

December corn and winter wheat continued their downward slides on light volume this week as potential buyers continued to stay away from the markets. November soybeans saw just a slight drop, helped by a slight gain in December soybean meal.

Local 12% Winter
  -5 568 - 608
Local 14% Spring
 +4 to 9 595 - 610

>> 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

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