Morning Ag Markets – Matt Hines
Date: September 26th, 2018 Cattle futures moved very little yesterday with less than $1 trading range in both fats and feeders and finishing mildly higher for the day. Lean hogs on the other hand continued to push higher with the front month October gapping higher on the open, finishing triple digits higher for the day and breaking through the $62 resistance area from this past June. The only confirmed cash feedlot trade so far this week is in the North at $173 to $175 on a dressed basis and $110.50 live which is in essence steady with last week. Fed cattle exchange online auction later today with only 424 head consigned compared to last week’s 528 head of which none sold. Oklahoma National Stockyards -…