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…

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Morning Ag Markets- 04/29/25- Tyson Loewen

Cattle futures finished stronger on the first trading day of this week. Live cattle opened up slightly higher while feeders gapped higher out of the gate yesterday. Not quite the way things finished though as feeder cattle spent some time trading both sides of unchanged. By the end of the session, live cattle solidified their gains in the $1+ for April-October, but the May contract was the only one of the feeders to gain more than a buck on the day. April through Oct gained over a buck and those four contract months are also all into new contract highs while December and beyond into the deeper deferreds have not made it up there yet. On the flip side, feeder cattle didn’t perform as well…

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Morning Ag Markets – Matt Hines

Date: April 28, 2025 All livestock futures finished last week higher and week over week gains from $2 to $4+. Cattle futures hit new highs on Friday but did begin last week under pressure as the Dow crashed 1000pts. This quickly reversed course on Tuesday and gains added for the balance of the week. The primary chatter was good progress being made on multiple trade deals and hope that there would be some de-escalation in the trade war with China. Cash feedlot trade was still fairly light volume as of Friday’s close, but higher prices reported vs. the week previous. TX and KS live trade ranged from $210 to $216, most $212 to $213, $2 to $3 higher, as trade in the North ranged from…

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