Morning Ag Markets – Matt Hines
Date: April 30, 2025 Cattle futures again higher on Tuesday and into yet again new all-time spot highs for both live cattle and feeders. Both holding higher trends since new long term lows were hit back in April 2020. Only light volume cash fed cattle trade so far this week in the WCB, sharply higher than a week ago though at $350 dressed. A full recap of last week’s trade showed feedlots only selling 66,661 head of negotiated cash fat cattle, 91% for nearby delivery, from $207 to $219 live, weighted average $215.68 and $335 to $345 dressed, weighted average $341.09 Oklahoma National Stockyards Feeder Cattle - Oklahoma City, OK Livestock Weighted Average Report for 4/28/2025 – Final Total Receipts: 4,921 Last Week: 1,582 Last…