Livestock and Grain Markets, Prices & Futures
Use the chart below to check futures prices for commodities. Click the links for pricing on grains, livestock, and more and stay on top of what’s going on in the markets. Cash price reflects the USDA Chicago terminal.
Latest News from Markets
Feedlots struggle to generate higher cash trade, which was a disappointment given tighter show lists.
The old rule of thumb that feeder prices trade inversely to corn price does not necessarily hold true in today’s markets.
This is the third highest September 1 inventory since the series began in 1996.
Traders were caught off guard as cattle marketings were above expectations and placements were below expectations in today’s report.
Weaker grain and stronger fed prices mean some classes of cattle show profit potential that can be locked in now.
But drought conditions in some regions are dampening demand for stocker weight cattle.
Packers will have larger show lists next week, which doesn’t bode well for near term cash improvement.
To build on this week’s strength, traders will need to be convinced the cash market is headed higher.
Are you getting enough information from your feedyard to help improve the herd?
The quantity of beef available to consumers has declined in recent years, unfortunately that trend is going to continue.