Monthly Archives: March 2024

Date: March 6, 2024 Turnaround Tuesday with cattle futures higher after cautious trading on Monday and all grains lower after decent gains to start the week. Cash fed cattle trade so far this week only very light volume reported in IA at $183 live, steady with last week. Cash hogs and pork prices collapsed yesterday pressuring lean hog futures lower. Feeders and calves continue to show strength as we get closer to spring and green grass. Choice boxed beef now comfortably over the $300 level for over a week. Outside markets were not helpful on Tuesday with energies steady to lower and equities sharply lower. Kingsville Livestock Auction - Kingsville, MO Livestock Weighted Average Report for 3/5/2024 - Final This Week: 2,627 Last Week: 2,781…

Date: March 5, 2024 Livestock futures spent most of the day in the red on Monday with nearby fats and all feeders finishing triple digits lower. All contracts posted losses yesterday except for deferred lean hogs. Grains were higher to begin the week and steady to lower cash fed cattle trade last week providing the pressure or cautious start to this week. Last week's negotiated cash cattle trade totaled 71,697 head with 79% committed to the nearby delivery and 21% committed to the deferred delivery. Southern live cattle sold for mostly $183, steady with the previous week's weighted average, and Northern dressed cattle traded at mostly $290, $2 lower than last week's weighted average. NATIONAL FEEDER & STOCKER CATTLE SUMMARY - WEEK ENDING 03/02/2024 RECEIPTS:…