Morning Ag Markets – 5/9/25 – Pete Loewen

HUGE day for the cattle coming off of a setback on Wednesday. Not that we had any massive gains in anything, but monumental from the standpoint of the numbers. Two different contract months in the Feeders pushed up above the $300 mark for the first time in history yesterday and they were the August and Sept contracts. August didn’t flinch much at that 300 handle either, because it settled north of $301. Feeders were up $2-$3 at the close and live cattle were all up over $1. Cash feedlot trade was feeling some love also with Nebraska dressed trade reportedly showing a few sales at $360 to a regional and mostly $355 to the major, along with $228 live. Crazy good times in cattle and…

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Morning Ag Markets – Matt Hines

Date: May 5, 2025 All livestock futures finished last week higher with triple digit gains for live cattle and feeders but mixed weekly results for lean hogs. April live cattle expired last week and hit a new all-time spot high at $217.67. May feeders hit a new all-time spot high on Friday at $295.62. Cash feedlot trade again posting much higher values this past week with trade in Southern Plains from $214 to mostly $218 live, $4 to $6 higher than the week previous. Trade in North $222 to $223 live, $7 to $8 higher and $340 to $352 on a dressed basis, $5 to $10 higher. Volume important this past week and for this week to see just how packers are sitting now. Weekly…

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Morning Ag Markets – Pete Loewen – 05/02/2025

Cattle complex futures came out of the chute yesterday with a solid bullish start and $1-$2 gains in everything, but they faded fast and spent a lot of the day in red ink. Live cattle finished higher on the front four months and mildly lower on the rest. Feeders were up on the May contract and down on the rest with quite a few down more than $1. In the negotiated feedlot cash, trade has been strung out across multiple days and all of it at considerably higher money. Southern Plains tops have been around $218, which is up $5 from last week’s top. Nebraska dressed trade topped in the $350-$352 area, which is up around $8 from a week ago. Two things to note…

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