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Market Snapshot

Cash Cattle Trend:

                            7/19/2017

 

Light to moderate cash cattle trading surfaced in parts of the North with dressed prices ranging from $188 to $190 (mostly $188, $2 lower than last week's weighted average basis Nebraska).

 Fed Steers Live


 116-116
Dressed Basis
188

>> More Livestock Cash & Futures Markets 

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

                                        7/19/2017

 

Wheat market bulls are likely to be disappointed by Wednesday's close. Following its recent script, Minneapolis spring wheat saw an early 13-cent rally erased by increased commercial selling. This fits the pattern of a normal short-supply spike rally, with commercial selling likely tied to the early stages of harvest.



Local 12% Winter
-3 415 - 505
Local 14% Spring
  -8 721 - 790

>> 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

     

 

Superior Livestock

7/14

5-600 lb Steers
151- 201
6-700 lb Steers
141 - 181
7-800 lb Steers
139 - 170
 

>> More Local Auction Markets