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Market Snapshot

Cash Cattle Trend:

                            9/22/2017

 

Moderate trade volume developed in most areas of feedlot country Friday as producers responded to higher packer bids. Most live business in the South was marked at $108, $2 higher. Dressed deals in the North were primarily marked at $170, about $3.50 higher than last week's weighted average basis Nebraska. Live business in parts of Nebraska and Iowa ranged from $108.50-$109.50, $2.50-$3.50 higher than last week's weighted average basis Nebraska.

 Fed Steers Live


106 - 110
Dressed Basis
 169 - 176

>> 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

                                        9/22/2017

Given the rally in soybeans, and to a lesser degree corn, winter wheat stumbling at the end of Friday's session, set a bearish tone heading into the weekend. 

Local 12% Winter
  +1 405 - 470
Local 14% Spring
  +11 575 - 629

>> 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

9/14 & 15

4-500 lb Steers
177 - 212
5-600 lb Steers
157 - 197
6-700 lb Steers
147 - 175

>> More Local Auction Markets