Cash livestock market at noon
Direct cattle cash trading is off to a quiet start this week. Buyers and sellers are busy taking inventory. Bid and offer prices have not yet been established, but significant trading volumes can be delayed until after the middle of the week. Live business in the South last week ranged from $ 140 to $ 142, mostly at $ 142, generally $ 3 higher than most of the business last week. Northern-dressed transactions ranged from $ 217 to $ 221, mostly at $ 220, generally $ 3 higher than Nebraska’s weighted average base last week.
Boxed beef was mixed at noon with moderate demand from light to light. Choice is $ .03 lower at $ 274.33 and Select is $ 1.68 higher at $ 260.32. The selection / selection spread is $ 14.01.
In Missouri last week, feeder steer was stable, $ 5 higher than last week. Last week there were some barns that made a lot of money and filled the ground after being closed for a vacation. Steering cows did not see extreme highs, but prices continue to rise. The feeder supply included 56% steers and 45% of the offerings were over £ 600. Medium and large 1 feeder steers ranged from £ 550 to $ 599 for $ 150 to $ 186 and feeder steers from £ 600 to £ 649 to $ 144 to $ 176.75. Medium and large 1-feeder heifers 500-549 pounds were $ 131-175.50 and feeder heifers 650-699 pounds were 130-165.75 pounds.
Cash pigs drop sharply at noon and negotiated purchases are moderate. Processors monitor the availability of market-ready wheelbarrows and gold leaf. The end of last week brought a sharply high price, but it wasn’t carried over earlier this week. Demand for US pork is strong in the global market and domestically. It is expected to continue in the short term, but there are long-term demand concerns that have helped maintain the price lid. National Daily Direct’s Barrows and Gilts are $ 2.26 lower, with a base range of $ 55 to $ 62.50 and a weighted average of $ 56.16. Prices in the local direct market are not reported for confidentiality.
Butcher pig prices on the Midwestern cash market are incomparable, but they are $ 50. In Illinois, prices for slaughtered sows were stable and demand for medium to severe products was modest at $ 58 to $ 68. Barrow and gold leaf were stable and there was a modest demand for a modest product of $ 32 to $ 39. Wild boars ranged from $ 15 to $ 25 and $ 10 to $ 15.
The value of pork rises sharply at noon, rising by $ 7.93 at $ 89.30. Belize jumped over $ 23. Loin, ham, bat and ribs were all sharply high. The picnic was more expensive.
Noon Cash Livestock Market-Brownfield Ag News
https://brownfieldagnews.com/market-news/midday-cash-livestock-markets-1695/ Noon Cash Livestock Market-Brownfield Ag News