Morning Ag Markets – Matt Hines
Date: November 5th, 2018 Western Corn Belt and NE cash feedlot trades through Thursday over 6,000 head $1 higher than the week previous at $113 to $114 live and $180 dressed. Limited trade confirmed though into Friday evening. I heard a few take $115 live in IA while KS was passing and possibly able to stretch for $116. Light volume at $116 live is rumored to have traded but still awaiting USDA confirmation today. No trade yet again on the Fed Cattle exchange last week. For the week, Friday October 26th to Friday November 2nd, December Live Cattle -$1.32, February -$1.25, November Feeder Cattle -$2.52, January +$.12, December Lean Hogs +$.20, February -$1.72. Boxed Beef, Choice +$5.03 @ $218.50, Select +$2.64 @ $201.47. NATIONAL FEEDER…