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Market Snapshot

Cash Cattle Trend:



The cattle complex crashed sharply lower, hammered by a combination of long liquidation and technical selling. Lean hog futures also fell hard through the opening session of the week, pressured by defensive fundamentals and a general lack of selling interest.

 Fed Steers Live

  Steady to +1 127 - 128
Dressed Basis
Steady to +3 205 - 207

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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


For many U.S. grain producers and traders caught heavily long in grains, Monday's selling rout was part of a painful about-face after prices rallied to drought-inspired highs earlier this month. May contracts of corn, soybeans, meal, and all three wheatswere sharply lower Monday with a wee bit of rain in Kansas and northern Buenos Aires.
Local 12% Winter
   -24 to 30  484 - 515
Local 14% Spring
  - 15 to 16 556 - 616

>> 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



Lewistown, MT - 3/13   1,700 head

6-700 lb Steers
155 - 175
7-800 lb Steers
 136 - 147.50
Sl. Cows
64 - 74
Sl. Bulls
         88 - 99

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