Morning Ag Markets – Matt Hines
Date: September 18, 2024 Livestock futures held triple digit gains on Tuesday as grains were steady to lower. Only light cash fed cattle trade so far this week in the North at $180 live with asking prices in the South starting at $184 to $185. A recap of last week’s trade showed feedlots selling 61,496 head of negotiated cash fat cattle, over 51,000 for nearby delivery. The full range of prices last week from $175 to $188.50 live, weighted average $182.32, $1 higher than the week previous and $285 to $300 dressed, weighted average $290.30, $4 higher than the week previous. Oklahoma National Stockyards Feeder Cattle - Oklahoma City, OK Livestock Weighted Average Report for 9/16/2024 - Final Total Receipts: 6,742 Last Week: 10,154 Last…