Morning Ag Markets – Matt Hines
Date: September 30, 2024 Livestock futures were mixed last Friday but again all higher week over week. New recent highs were hit for both fats and feeders on Friday. Support coming from higher cash feedlot trade again last week. Cash fed cattle trade in Texas and Kansas mostly at $185 live, $2 to $3 higher than the week previous. Trade in the North ranging from $185 to $187 live and $292 to $294 dressed, $2 to $4 higher than a week ago. Weekly closes for livestock futures and meats… October Live Cattle +$1.27, December +$1.27, September Feeder Cattle +$.57, October +$3.17, October Lean Hogs +$3.60, December +$2.07. Choice Boxed Beef -$3.50 at $296.69 and Pork Carcass Cutout +$1.60 at $95.75. Oklahoma Weekly Cattle Auction Summary…