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…