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Market Snapshot

Cash Cattle Trend:

                            6/18/2018

Hog futures closed sharply higher Monday, powered by a combination of bull-spreading and constructive fundamentals. The cattle complex closed on a mixed basis with nearbys generally gaining on deferreds.

Fed Steers Live


 -2 to 4  110 - 112
Dressed Basis
-4 to 6  174 - 180

>> 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

                                        6/18/2018

July soybeans ended up 3 cents Monday, in spite of Saturday's news that China retaliated to U.S. tariffs with $34 billion of their own, including a 25% tariff on U.S. soybeans. Corn ended lower and July K.C. wheat dropped 20 1/4 cents while the winter wheat harvest progresses.

Local 12% Winter
-20 to 30  474 - 514
Local 14% Spring
-6 to 8  529 - 564

>> More Grain Cash & Futures - 

All three grains closed lower Thursday as mild summer temperatures blanketed the Midwest with another day of good growing weather



July soybeans fell another 21 3/4 cents Friday after President Trump approved roughly $50 billion of new tariffs against Chinese goods -- a move that may lead to retaliatory tariffs on U.S. soybeans as well as other goods. Corn and wheat ended the bearish week with small losses on Friday, while gold and crude oil saw sharp drops.



Featured Auction

    

Superior Livestock - 6/14   Region 2

550-590 lb Steers
155 - 186.50
600-635 lb Steers
 154 - 176
650-690 lb Steers
150 - 170
700-740 lb Steers
      146 - 169

>> More Local Auction Markets