Morning Ag Markets – Matt Hines

Date: August 21, 2024 Cattle futures crashed triple digits lower on Tuesday led by the ongoing economic worries yet outside markets didn’t actually settle significantly lower. This was enough to spur an early round of lower cash feedlot trade. Cash fed cattle trade reported on Tuesday on light volume at steady to mostly weaker than a week ago from $183 to $188 live and $293 to $295 on a dressed basis. Last week’s trade weighted average at $188.94 live and $298.21 dressed. Oklahoma National Stockyards Feeder Cattle - Oklahoma City, OK Livestock Weighted Average Report for 8/19/2024 - Final Total Receipts: 4,174 Last Week: 5,428 Last Year: 5,259 Compared to last week: Feeder cattle again lightly tested. Feeder steers mostly steady to 2.00 lower, most…

Continue Reading
Close Menu