Morning Ag Markets – Matt Hines
Date: June 24, 2024 Livestock futures were mixed this past week with small gains for live cattle and lean hogs but triple digits losses week over week for feeder cattle. As of the close on Friday, only light volume cash feedlot trade had been reported from $193 to $198 live and $310 to $312 on a dressed basis. This is steady to $2 higher with the week previous, matching the top end reported by the end of the week. After the close, volume picked up with live trade in the South from $189 to $191, $3 to $5 higher than the week previous and trade in the North $4 to $6 higher from $198 to $199 live and $310 to $314 dressed. Neutral to bearish…