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Cash hog business remains quiet

Chicago Mercantile Exchange live cattle were up and feeders were sharply higher, preparing for the week’s direct business and Wednesday’s USDA Cattle Inventory report. The trade thinks those semi-annual numbers could be bullish, but there is always the chance of a bearish surprise.... Read More.

Generally “quiet,” near-seasonal weather covers much of the Heartland

Across the Corn Belt, mild, dry weather continues.  Dozens of upper Midwestern communities recently completed a record warm December, with monthly temperatures averaging more than 12°F above normal—and breaking records from 1939— in South Dakota locations such as Sisseton and Watertown.   On the Plains,... Read More.

Quiet, seasonally comfortable weather pattern covers much of the Heartland

Across the Corn Belt, mild, dry weather prevails.  Despite patchy snow on the ground, many Midwestern producers continue to perform farm-maintenance activities, amid relatively dry soil-moisture profiles and near- or above-normal temperatures.  Tuesday’s Midwestern temperatures will remain in a relatively narrow range, peaking... Read More.

Post-Thanksgiving Day cattle and hog trade very quiet

Chicago Mercantile Exchange live and feeder cattle futures were sharply lower on technical selling and some disappointment over recent direct cash and wholesale business. December live was down $4.22 at $170.25 and February was $4.30 lower at $170.97. January feeders were $7.80 lower... Read More.

Quiet start to the week for direct cash cattle business

At the Chicago Mercantile Exchange, live and feeder cattle were higher ahead of the week’s direct business.  It was a quiet Monday for direct cash cattle trade activity.  Showlists this week are mixed.  Lower in Kansas and Texas, but higher in Nebraska and Colorado. ... Read More.

Cash hogs close mixed, cattle trade quiet

Chicago Mercantile Exchange live cattle were up and feeders were sharply higher, getting ready for the week’s direct business. Ready numbers are tighter in some of the major feeding areas and are expected to tighten further over the near-term. October live was up... Read More.

Cash cattle trade quiet heading into Independence Day holiday

Chicago Mercantile Exchange live cattle  futures were modestly lower and feeders were modestly higher, getting ready for the week’s direct business. August live was down $.35 at $176.82 and October was $.22 lower at $179.32. August feeders were up $.32 at $247.90 and... Read More.

Quiet end to the week for cash cattle business

Chicago Mercantile Exchange live and feeder cattle futures were higher, with feeders in the lead on the mostly lower corn, anticipating a reduction in feed costs. The USDA did raise its 2023 beef production guess, but sees smaller production in 2024 due to... Read More.