Morning Ag Markets – Matt Hines
Date: January 8, 2024 Livestock futures mixed to finish out the week but early week strong gains in cattle futures helped to push both fats and feeders higher week over week. Negotiated cash fed cattle trade as of mid-afternoon Friday was very light in TX and KS and $172 live, steady to $1 lower than the week previous. Northern trade was reported throughout the week at better volume from $173 to $175 live and $274 to $278 dressed, all steady to $2 higher than the week previous. Weekly closes for livestock futures and meats…February Live Cattle +$2.07, April +$1.15, January Feeder Cattle +$.82, March +$1.05, February Lean Hogs +$2.02, April +$1.52. Choice Boxed Beef -$12.55 at $277.16 and Pork Carcass Cutout -$.56 at $84.20. No…