Morning Ag Markets – Matt Hines
Date: September 17th, 2018 Only light volume to report heading into Friday afternoon for cash feedlot trade. Futures surged higher though, October finishing limit higher for the day, which should result in higher cash trade. NE saw active trade at $108 to $110 live and $172 to $175 dressed which is already steady to $2 higher than the week previous. Trade was confirmed late Friday in the South as high as $112 live. NATIONAL FEEDER & STOCKER CATTLE SUMMARY – W/E 09/14/2018 RECEIPTS: Auctions Direct Video/Internet Total This Week 184,400 60,400 44,800 289,600 Last Week 122,200 47,800 57,200 227,200 Last Year 193,100 58,100 20,800 272,000 Compared to last week, calves and yearlings sold fully steady to 5.00 higher with many major markets compared to two…