Morning Ag Markets – Matt Hines
Date: October 3rd, 2018 Most livestock futures and all grains higher for the 2nd day in a row. Cattle futures traded mixed throughout the day but pulled higher and closed near the day’s highs. We have seen a few cash fats trade from $109 to $112 live so far this week, yesterday was mostly $111 to $112 which is $1 higher than last week. Fed Cattle Exchange online auction to be held later today with only 358 head consigned. Oklahoma National Stockyards - Oklahoma City, OK Livestock Weighted Average Report for 10/1/2018 Receipts Week Ago Year Ago 9,614 5,963 4,866 Compared to last week: Feeder steers trading 2.00-6.00 higher. Feeder heifers mostly steady with limited comparable receipts from last week. 500-600 lb. steer calves 1.00-5.00…