Morning Ag Markets – Matt Hines
Date: June 4th, 2018 Morning Ag Markets – Matt Hines Livestock futures were mixed on Friday but still finished higher for the week for both cattle and hogs. The volatility in the stock market and concerns over trade continue to push and pull on these markets. Cash feedlot trade wrapped up in the South on Thursday of last week at mostly $110 live on light volume. $111 live and $177 to $180 on a dressed basis traded in the North through Friday. This was mostly steady with prices paid the week previous and supportive to futures which are still discount to cash by $5. NATIONAL FEEDER & STOCKER CATTLE SUMMARY – W/E 06/01/2018 RECEIPTS: Auctions Direct Video/Internet Total This Week 110,900 51,600 15,900 178,400 Last…