Wednesday, August 15, 2018  
Crops |  Farm Life |  Livestock |  Headline News |  Futures Markets |  Portfolio |  DTN Renewable Fuels | |  Options |  Charts 
 Cash Bids
 John's Comments
 Crop Insurance Update
 Katy's Comments
 Raelynn's comments
 Option Prices
 Short Dated/Serial Options
 NOAA/Drought Monitor
 USDA Report Links
 Acreage Maps
 Discount Schedules
 Livestock Comments
 Fall Storage vs Futures/Options
 About Us
 Contact Us
Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
DTN Closing Livestock Comment 08/14 16:14
   Cattle Futures Close Higher in Live Market and Mixed in Feeder Trade

   The cattle complex landed technically insignificant closes with the live
issues moderately higher and the feeder market mixed.

By John Harrington
DTN Livestock Analyst


   The cash cattle trade looked like an essential no-show throughout the day
with just a few scattered bids of $173 reported in parts of the North.
Initially, asking prices were poorly defined. Yet we were surprised to see one
large string of 5,000 head reported sold in the North by Mandatory at $109.50
(nearly $2 lower than last week's weighted average basis Nebraska). According
to the closing report, the national hog base is $1.04 lower compared with the
Prior Day settlement ($40-$44.00, weighted average $42.69). Corn futures surged
higher by as much as 6 cents, supported in part by aggressive strength in
soybean meal.
DTN offers additional daily information available free through DTN Snapshot – sign up today.
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN