Morning Ag Markets – Matt Hines
Date: April 10, 2024 Cattle futures posted strong triple digit gains on Tuesday, most contracts higher for the second day in a row. New recent lows were hit last Friday after updates on more cases of Avian flu in U.S. dairies. No new news since which is good news, although the markets are still very cautious to add back the sharp losses over the past couple weeks. No cash feedlot trade yet this week but beef prices have firmed with Choice back above the $300 level. Lean hogs continue to make new highs supported by higher cash and pork values. Joplin Regional Stockyards Feeder Cattle - Carthage, MO Livestock Weighted Average Report for 4/8/2024 - Final Total Receipts: 6,619 Last Week: 5,431 Last Year: 8,248…