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Bob Larson Marketline Report Wednesday July 5th
by Bob Larson, click here for bio

Program: Market Line
Date: July 05, 2017

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This is Bob Larson with the Market Line Report for Wednesday July 5th. DNo market numbers due to yesterday’s Fourth of July holiday, but with a recap of last week’s trading, here’s Northwest Direct’s Greg Sanders …

Sanders … “ Northwest Direct feeder cattle weekly summary for Washington, Oregon and Idaho for Friday, June 30th, 2017. This week we had 850 head of feeder cattle trade compared to last week. Feeder cattle were week in a light test. Feeder medium-large frame number ones, current FOB price, 900 lbs, $134 to $136 in Oregon and Idaho. Feeder heifers, medium-large frame number ones, current FOB price 850 lbs, $130 to $132 in Oregon and Washington. National slaughter cattle review for Thursday, June 29th, 2017. For Thursday in the southern plains, trading and demand were moderate compared to last week in the Texas panhandle. Live trades were 3 to 4 dollars lower at $119. In Kansas, compared to last week, live trades were 3 dollars lower at $119 also. In Nebraska on Thursday trading was moderate on light demand compared to last week. Dress sales were 4 to 5 dollars lower from $189 to $190. Thursday, live trades ranged from $115 to $120. However, the bulk of live trades for the week were at $118. In Colorado, trading was slow on light demand. A few live trades were from $118 to $119. On Thursday in the western cornbelt trading was limited on light demand. Not enough trades for a full market trend. Wednesday was the last reported market with live trades, mostly at $119. And dressed sales from $190 to $191.”

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