Morning Ag Markets – Matt Hines
Date: March 1st, 2023 Livestock futures all trading higher yesterday except deferred lean hogs. Overall, feeders scored the best gains as corn closed lower for the 5th consecutive day. April forward feeder contracts all scored new contract highs. Cash fed cattle trade still holding off for now, I wouldn’t expect to see much volume until Thursday or Friday again this week. IA early week trade reported at $165 live, $1 higher than last week and offers in the South starting at $166, $2 higher than the majority of last week’s trade. Kingsville Livestock Auction - Kingsville, MO Livestock Weighted Average Report for 2/28/2023 - Final This Week: 2,177 Last Week: 2,624 Last Year: 2,306 Compared to last week, feeder steers under 650 lbs sold on…