August 24, 2018
By John Perkins
Direct cash cattle markets are at a standstill. After light to moderate trade over the last couple of days, today’s business could be limited to clean-up activity. What’s left on the showlist is priced around $110 live and $175 dressed. The bulk of Thursday’s activity was in the South, mostly at $109 live, down $1 […]
August 23, 2018
By John Perkins
Direct cash cattle business is light. Most of it is in the South at $109 live, down $1 to $1.50 from last week’s weighted averages, with a handful of dressed sales in Iowa at $174. Asking prices are $113 live and $175+ dressed with bids of $109 live and $173 to $174 dressed. Yesterday’s light […]
August 22, 2018
By John Perkins
Direct cash cattle markets are quiet. Aside from very light trade Tuesday at $172 dressed in Iowa, most of the major feeding areas have remained at a standstill. Asking prices around $112 to $113 live and $178 dressed with bids of $107 to $109 live and $171 to $173 dressed. Widespread direct business could end […]
August 16, 2018
By John Perkins
Soybeans were sharply higher on commercial and technical buying. The big source of support was the probability of the resumption of trade talks with China, possibly as soon as next week. The talks are expected to be lower level and topics haven’t been released, but any sign of public progress is seen as encouraging. AgriCensus […]
August 7, 2018
By John Perkins
Chicago Mercantile Exchange live cattle futures were lower on spillover from feeders as traders get ready for the week’s widespread direct cash cattle business. Boxed beef was up at midday, but that was ignored because of the drop in the feeder pit. August was $.32 lower at $110.07 and October was down $.62 at $110.92. […]
August 7, 2018
By Meghan Grebner
Direct cash cattle trade is typical for a Tuesday – quiet and at a virtual standstill. Bids and asking prices are not fully established. However, a few steers and heifers in Western Nebraska and Colorado have been priced at $116, live. Significant trade volume will likely be delayed until sometime Thursday or if it is […]
July 30, 2018
By Meghan Grebner
Direct cash cattle trade is quiet, with most of today’s activity limited to the distribution of new showlists. This week’s showlists will likely be larger considering the amount of carryover from last week’s trade. Last week’s business didn’t happen until late in the day Friday; most of which was live with very little dressed trade. […]
July 27, 2018
By John Perkins
Soybeans were higher on short covering and technical buying. The trade is encouraged by the expected deal with the European Union possibly opening the door to more exports. Unknown destinations bought 154,100 tons of new crop U.S. beans Friday morning. Indications are that strong soybean exports ahead of tariffs going into place may have helped […]
