Morning Ag Markets – Matt Hines
Date: July 8, 2024 Livestock futures were mixed on Friday but all held week over week gains. Weekly export sales for beef were not very impressive at 15,500 MT but pork sales were a new marketing year high at 59,100 MT. Cash fed cattle trade was only reported on light volume as of the close on Friday steady with the week previous. Live trade at $190 in the South and trade in the North mostly $198 to $200 live and $310 to $315 on a dressed basis. Northern trade was holding out for higher money, above $200 live and $317 dressed. Weekly closes for livestock futures and meats… August Live Cattle +$1.00, October +$2.30, August Feeder Cattle +$2.17, September +$2.57, July Lean Hogs +$.42, August…