Daily News Reports »
Weekly Cattle Report
by Matt Rice, click here for bio
Program: Market Line
Date: February 13, 2017
Click on the play button to listen to report.
Download Report: Weekly_Cattle_Report8.mp3
Sanders “National Slaughter Cattle Review for Thursday, Feb. 9th, 2017. On Thursday, negotiated cash trade was mostly light on moderate demand in all feeding regions. Compared to last week in Nebraska, and the western Corn Belt, dress purchases sold mostly at $1.90 with a few up to $1.91. The bulk of live purchases for the week in the western Corn Belt has been mostly at $1.18.”
Let’s start with the Chicago markets, July wheat prices closed the day up 7 ¾ at 473 ½. Chicago July Corn prices were up 4 ¾, to finish the week at 387 ¾. Prices in Portland for Soft White Winter Wheat of ordinary protein for Aug. NC were unch to up 7 ¼, ranging from 4-67 to 4-91 ½. Hard Red Winter Wheat with 11.5 % protein, future prices for May were up 9 ¾, ranging from 5-53 ¼ to 5-58 ¼. DNS Wheat with 14 % protein, prices for May were up 3 ¾, ranging from 6-70 ¼ to 7 even. June Live Cattle finished the week dn $1, at 104.27 ½. May Feeder cattle were dn $1.35, at 121.45. March class III milk was dn 3 cents at 16-94.
Recent Reports from Market Line
- Thursday Up Day Across the Grain and Cattle Futures
- Ag Job Outlook Up and Technology to Prevent Bird Flu
- Live and Feeder Cattle End Wednesday Sharply Higher
- Wheat Higher on Tuesday
- Wheat and Livestock Futures Down on Monday
Click here to see Archived Reports