LIVESTOCK COMMENTS: The overarching trend appears to be buyers having a stronger interest or preference towards heavier calves. Thus, many buyers are looking for 600 plus pound calves that can be marketed during the late summer and early fall time period
NBW Market Commmentary
CATTLE WEIGHTS: Live weights reported this week at 1,398 lbs., down 1 lb. from last week, up 47 lbs. from last year (EWMP)
US Cattle Report by National Beef Wire
CME LIVESTOCK: Live Cattle: $176.15 (+0.20); Feeder Cattle: $250.90 (-0.15); Hogs: $98.375 (+0.65) (VIEW COMMODITY QUOTES)
US Cattle Report by National Beef Wire
CME GRAINS: Corn: $4.6975 (+0.1325); Wheat: $6.635 (+0.26); Soybeans: $12.19 (+0.105); Soybean Meal: $371.90 (-1.00) (VIEW COMMODITY QUOTES)
National Corn Wire
REAL TIME PRICES: The largest CALF string sold in the last 7 days was 140 heifers (446#) from Mascot, TN at $311.00 (VIEW PRICES)
National Calf Tracker
University of Missouri Wurdack Center to host free grass-fed beef production, marketing school
AgEvents
Going Nowhere... CME cattle futures continue to trade two sided in a fairly narrow range as open interest fritters away. This morning’s total live cattle OI was 270k contracts near the low for the year as most move to the sidelines. Open interest is now larger in August LC than June LC with the Goldman roll ending on Monday (THE BEEF)
NBW Market Commmentary
DAILY CATTLE SLAUGHTER: Thursday slaughter at 122K head, compared to 120K last week and 127K last year. WTD slaughter at 489K head, compared to 480K last week and 505K last year (U.S. CATTLE REPORT)
US Cattle Report by National Beef Wire