Morning Ag Markets – Matt Hines
Date: May 19, 2025 Livestock futures rebounded back higher after a couple days last week of sharply lower trade. June live cattle hitting a new all-time spot high midweek at $218.62 but then reversing lower as May feeders continue to make new all-time spot highs, now at $303.47. Cash feedlot trade mostly steady in the Southern Plains from $218 to $220 live and steady to $2 higher trade in North at $228 to $229 live and mostly $358 on a dressed basis. Weekly closes for livestock futures and meats… June Live Cattle -$2.45, August -$2.82, May Feeder Cattle -$1.12, August -$2.70, June Lean Hogs +$2.75, July +$3.75. Boxed Beef Choice +$6.52 @ $352.49 & Pork Carcass Cutout +$2.29 @ $100.12. Oklahoma Weekly Cattle Auction Summary…