Monthly Archives: June 2018

Date: June 6th, 2018 Morning Ag Markets – Matt Hines Cattle futures held strong gains yesterday as live cattle futures hit a new 3-week high and feeders now showing a key reversal higher on the charts. No cash feedlot trade yet this week with bids and offers still some $7+ apart. The Fed Cattle Exchange online auction will be later this morning with 568 head consigned compared to last week’s 449 head of which 225 sold at $110 live. Cash hogs and feeders are sharply higher this week. A few salebarns took off last week for the Memorial Day holiday, so prices from OKC were compared to 2 weeks ago at $3 to $7 higher for calves and feeders. Calf trade in El Reno yesterday…

6.05.18 Loewen morning ag markets

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…