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.
Across the Corn Belt, dry weather accompanies above-normal temperatures. A variable snow cover remains in place across the upper Midwest—but continues to gradually melt. Muddy conditions are maintaining challenging conditions for some livestock operations. Additionally, several waterways in the central and eastern Corn... Read More.
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.
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.
Chicago Mercantile Exchange live and feeder cattle futures were sharply higher on an oversold bounce ahead of this week’s direct trade, shrugging off the firm corn and lower midday beef. February live was up $1.90 at $168.97 and April was $1.80 higher at... Read More.
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.
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.
Across the Corn Belt, any showers are light and limited to the Ohio Valley and the lower Great Lakes region. Meanwhile, frost and light freezes were noted early Monday in parts of the western Corn Belt. Across much of the Midwest, cool, dry... Read More.
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.
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.
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.
Direct cash cattle markets were quiet Friday. Most of the week’s business was done Wednesday, with moderate to active trade in most of the major feeding areas. Live sales in the south were $168 to mostly $170, up $3 on the week for... Read More.