Morning Ag Markets – Matt Hines
Date: July 9th, 2018 Cattle futures were sharply higher my midday on Friday from higher cash feedlot trade but got spooked late and pulled lower into the close. Compared to the week previous in the Texas Panhandle live cash trades moved $5 higher from $112 to $113.50 with the bulk at $113. Kansas live cash trades moved $6 higher at $112 with a few up to $113. Nebraska saw live cash trades $6.50 to $7.50 higher from $113.50 to $114 and dressed trade moved $10 to $11 higher mostly at $180.00. NATIONAL FEEDER & STOCKER CATTLE SUMMARY – W/E 07/06/2018 RECEIPTS: Auctions Direct Video/Internet Total This Week 17,000 34,300 29,000 80,300 This Week 182,800 47,400 66,800 297,000 Last Year 15,800 38,200 55,500 109,500 Compared to…