Morning Ag Markets – Matt Hines
Date: November 2nd, 2022 The cattle markets remain hesitant as grains pushed higher again yesterday. We did see small gains earlier from both live cattle and feeders but soybeans were the leader higher yesterday and they seemed to help pull corn and wheat along with it. Lean hogs continue to hold nearby support and actually settled steady to higher. Very light volume cash fed cattle trade so far this week in the WCB only at $152 live. I would not expect to see much volume until Thursday. Asking prices in the South are $2 higher than last week’s $150 live trade. Oklahoma National Stockyards Feeder Cattle - Oklahoma City, OK Livestock Weighted Average Report for 10/31/2022 - Final This Week: 6,565 Last Week: 7,938 Last…