Won’t Go Away... Uncertainty over the developing story of bird flu in dairy cows continues to loom over CME cattle futures and the entire cattle industry, dairy and beef. The USDA announced actions today requiring mandatory testing for interstate movement of dairy cattle which they say will help the USDA and its federal partners get ahead of the disease and limit is spread. These measures are effective April 29, 2024 (THE BEEF)
NBW Market Commmentary
DAILY CATTLE SLAUGHTER: Wednesday slaughter at 125K head, compared to 124K last week and 123K last year. WTD slaughter at 363K head, compared to 369K last week and 375K last year (U.S. CATTLE REPORT)
US Cattle Report by National Beef Wire
CME LIVESTOCK: Live Cattle: $175.25 (-1.90); Feeder Cattle: $244.10 (-1.95); Hogs: $107.45 (-0.50) (VIEW COMMODITY QUOTES)
US Cattle Report by National Beef Wire
CME GRAINS: Corn: $4.485 (-0.04); Wheat: $6.13 (+0.1025); Soybeans: $11.815 (-0.005); Soybean Meal: $349.20 (+3.10) (VIEW COMMODITY QUOTES)
National Corn Wire
REAL TIME PRICES: The largest CALF string sold in the last 7 days was 117 heifers (490#) from Joplin, MO at $306.00 (VIEW PRICES)
National Calf Tracker
Governor's office responds to requests for state to take action after wolves kill cattle
Cow-Calf Today
Manzo Piedmontese: Ultra luxury beef from Italian cattle born and raised in Valleyford, Washington
Cow-Calf Today
Colorado Ranchers send letter to CO governor pleading to remove two wolves harming livestock
Colorado
TUESDAY SALES: OKC West; Ozarks Regional; Bluegrass; Rezac; F&T; Beaver County; Knoxville; Springfield; Cleveland County; Four State; Humeston AND MORE (WATCH LIVE)
Salebarn Network
Gas prices down up 4 cents this week to $3.67, up $0.01 from last year. Diesel prices down 2 cents this week to $3.99, down $0.09 from last year
Cash Prices
Ranchers in three counties demand Colorado officials kill four wolves responsible for six dead cattle
Cow-Calf Today
LIVESTOCK COMMENTS: The futures trader is necessary to provide liquidity (i.e. enough trading) for hedgers to establish a position in the market. As cattle futures price increased, there were traders who decided they could make some money so they exited their position and took new positions in some instances
NBW Market Commmentary