Cash livestock market at noon
Direct cash cow trading activities are still off to a slow start today. Bids have not yet surfaced. While the north is not established, the question price is around $ 140- $ 142 living in the south. Most of the week’s business can be postponed until after the middle of the week.
Boxed beef was low at noon, but demand for solid products was low. The choice is $ 2.75, which is $ 261.47 lower, and the choice is $ 2.79 lower, which is $ 250.85. The selection / selection spread is $ 10.62.
At the Joplin Regional Stockyard, Missouri, feeder steer was consistently $ 3 higher than last week. The feeder heifers were stable. USDA states that demand was high and supply was high. Receipts decreased weekly and increased year by year. The feeder supply included 57% steers and 52% of the offerings were over £ 600. Medium and large 1 feeder steers ranged from £ 600 to $ 649 for $ 159 to $ 174 and feeder steers from £ 857 to $ 893 for $ 154.50 to $ 163.25. Medium and large 1-feeder heifers 551-599 pounds were $ 145-159 and feeder heifers 652-695 pounds were $ 147-152.50.
Cashhogs are strong at noon and negotiated purchases are moderate. In most cases, the processor can move the desired number without aggressive bidding. In particular, next week’s release of USDA’s Quarterly Hogs and Pigs report continues to focus on market-ready pig availability. Demand for US pork in the global market and domestically is strong, but long-term demand concerns are putting pressure on prices.
National Daily Direct’s Barrows and Gilts are $ .11 higher, with a base range of $ 57.50 to $ 65 and a weighted average of $ 58.58. Prices in the local direct market are not reported for confidentiality.
The value of pork is weak at noon, $. It goes down by 12 to $ 86.91. The picnic goes down sharply. Loin and ribs are low. Buttocks, abdomen, and ham can range from high to sharply high.
Noon Cash Livestock Market-Brownfield Ag News
https://brownfieldagnews.com/market-news/midday-cash-livestock-markets-1701/ Noon Cash Livestock Market-Brownfield Ag News