Cash livestock market at noon
Direct cash cow trading activities are beginning to become more active. There are some scattered bids that surfaced at $ 138 in the South. Offer prices in the South range from about $ 143 to $ 145, but have not yet been established in the North. While some scattered trade may still be developing today, most of the week’s business can last until the middle of the week or beyond.
Boxed beef was low at noon due to low demand for modest products. The choice was $ 1.05 lower at $ 276.53 and the choice was $ .80 lower at $ 261.22. The Choice / Select spread was $ 15.31.
In the Joplin Regional Stockyard, Missouri, feeder steers under 600 pounds were $ 3 to $ 8 higher and heavier weights were stable compared to last week. Feeder heifers were $ 3 to $ 9 higher, with heifers under £ 500 being the most in demand. The USDA states that demand was good to very good for large supplies. Receipts have decreased weekly and yearly. The feeder supply included 61% steers and 54% of the offerings were over £ 600. Medium and large 1 feeder steers ranged from £ 650 to $ 696 for $ 157 to $ 166 and feeder steers from £ 753 to $ 797 for $ 156 to $ 167.50. Medium and large 1-feeder heifers 500-549 pounds were $ 145-161 and feeder heifers 552-597 pounds were $ 144-161.
Cash hogs are high at noon and negotiated purchases are moderate. Processors continue to monitor the availability of market-ready wheelbarrows and gold leaf. Demand for US pork in the global market is strong and is expected to continue. However, there are long-term demand concerns, which limit price increases. Barrows and Gilts of National Daily Direct are $ 0.32 higher, with a base range of $ 55 to $ 58 and a weighted average of $ 55.42. The weighted average for both Iowa / Minnesota and the Western Corn Belt was $ 55.98. Due to confidentiality, the price of the Eastern Corn Belt has not been reported.
Butcher pigs in the Midwestern cash market are $ 3 higher at $ 62. In Illinois, the price of slaughtered sows is stable, with modest demand for large quantities of $ 62 to $ 72, and pushers and sows with modest demand for $ 32 to $ 39. It was stable at, and wild boars ranged from $ 15 to $ 25 and $ 10 to $ 15.
Pork prices are high at noon, rising $ 1.82 to $ 89.53. Both the buttocks and stomach are rising sharply. Ham, ribs and loin are high. The picnic is low.
Noon Cash Livestock Market-Brownfield Ag News
https://brownfieldagnews.com/market-news/midday-cash-livestock-markets-1691/ Noon Cash Livestock Market-Brownfield Ag News