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…