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What the Hay?!

Relax. Talk of an “aporkalypse” is premature

2/3/2017 2:40:00 PM
A recent rash of headlines in the media suggesting the nation is facing a bacon shortage are misleading. >> Read More
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Market Snapshot

Cash Cattle Trend:

                         2/24/2017

With the exception of spot February, live cattle futures closed sharply lower, pressured by long liquidation and a general lack of buying interest. On the other hand, lean hog contracts settled sharply higher, supported by short-covering and the premium status of cash business.
Live Basis
120- 125
Dressed Basis
190 - 196

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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

                                      2/24/2017

May Chicago wheat closed lower Friday, pressured by commercial selling and in spite of concerns about this weekend's colder temperatures in the southwestern Plains. Corn and soybeans were narrowly mixed, but lower for a second consecutive week as the approach of South American crops continues to weigh on prices.

Local 12% Winter
+6  362 - 448
Local 14% Spring
+3  472 - 538

>> 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

     

 

Torrington Livestock 2/23  4,416 head

5-600 lb Steers
149 - 180
6-700 lb Steers
138 - 158
7-800 lb Steers
131 - 146
 

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