Monthly Archives: October 2018

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…

Great start to the week for the bulls since it was a buy it all day on Monday. The meat complex was all solidly up in the green with feeders and hogs enjoying some triple digit gains on some contracts. Grain and oilseed trade was higher in everything as well, which essentially erased all the fall crop market losses following Friday’s Quarterly Stocks report bearishness. For the front months in the meat complex, October live cattle pushed into new recent highs and the highest level traded since mid March. October Feeder Cattle came within 32 cents of the contract high, but just couldn’t quite push up into new high territory. The next two months out, which are the Nov and Jan contracts did make new…

Date: October 1st, 2018 Cash feedlot trade this past week was mostly steady again at $110.50 to $111 live but $1 lower at mostly $174 on a dressed basis. The Quarterly Hogs and Pigs report this week confirmed the hog industry is still expanding with a 3% increase in total hog inventory, breeding inventory and market hogs. Feeders and calves saw some pressure earlier in the week but stabilized when futures jumped higher midweek. NATIONAL FEEDER & STOCKER CATTLE SUMMARY – WEEK ENDING 09/28/2018 RECEIPTS: Auctions Direct Video/Internet Total This Week 185,400 47,000 1,900 234,300 Last Week 175,800 114,500 40,000 330,300 Last Year 166,500 42,700 1,800 211,000 Compared to last week, steers and heifers sold uneven; 2.00 lower to 2.00 higher. Good to very good…