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Market Snapshot

Cash Cattle Trend:


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

Dressed Basis

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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


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

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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


4-500 lb Steers
185 - 202
5-600 lb Steers
168 - 186
6-700 lb Steers
166 - 173

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