A Good Day---for Some... CME cattle futures have come to life, trading above the 40-day moving average, making a new high for May and checking the 100-day moving averages for some contracts. The sharp reductions in throughput for this week and at least next week have sent wholesale beef prices sharply higher, choice up almost $10 from last week’s low and the highest since early days in April. (THE BEEF)
NBW Market Commmentary
DAILY CATTLE SLAUGHTER: Tuesday slaughter at 123K head, compared to 124K last week and 127K last year. WTD slaughter at 239K head, compared to 244K last week and 252K last year (U.S. CATTLE REPORT)
US Cattle Report by National Beef Wire
CME LIVESTOCK: Live Cattle: $178.175 (+2.60); Feeder Cattle: $255.675 (+4.325); Hogs: $98.325 (+0.85) (VIEW COMMODITY QUOTES)
US Cattle Report by National Beef Wire
CME GRAINS: Corn: $4.675 (-0.05); Wheat: $6.725 (-0.145); Soybeans: $12.145 (-0.05); Soybean Meal: $373.30 (+6.80) (VIEW COMMODITY QUOTES)
National Corn Wire
Demonized as contributing to climate change, cattle may actually decrease emissions, research shows
Cow-Calf Today
Michigan has declared an “extraordinary animal health emergency” after the spread of a highly pathogenic avian influenza.
Cow-Calf Today
REAL TIME PRICES: The largest CALF string sold in the last 7 days was 114 heifers (315#) from Toppenish, WA at $350.00 (VIEW PRICES)
National Calf Tracker
TUESDAY SALES: OKC West, Ozarks Regional, Stockmen's, Bluegrass, Rezac, Fallon, F&T, Beaver County, Knoxville , Fairview, Springfield, Woodward, Kingsville, Humeston AND MORE (WATCH LIVE)
Salebarn Network
Gas prices down 3 cents this week to $3.61, up $0.07 from last year. Diesel prices down 5 cents this week to $3.85, down $0.05 from last year
Cash Prices
Utah: Summit County ready to close on 8,600-acre 910 Cattle Ranch after $40M federal grant
Cow-Calf Today
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