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
The markets have several big headlines they’re digesting including news over the weekend that China and the U.S. are de-escalating the tariff war.
Fundamental supply and demand have taken control of spot fed cattle values over April Live Cattle futures lows.
Scott Varilek, Kooima Kooima Varilek, says cattle continue to hit all-time highs in cash and futures. While corn is seeing some short covering after new lows for the move on Thursday.
Check out the Sterling Marketing’s Profit Tracker ending the week of May 3.
Brad Kooima, Kooima Kooima Varilek, says cash cattle trade was record high again last week with $223 live paid in much of the North and even a few $224 trades to a regional. Grains are mostly lower.
Scott Varilek, Kooima Kooima Varilek, says cattle futures continue to hold strong with more record cash. While grains are also in the green on value buying and trade hopes.
Check out the Sterling Marketing Profit Tracker for the week ending April 26.
Last week’s 5-area weighted average cash cattle price hit a new high at $216.32, up $3.56 from the previous record set March 21.
Brad Kooima, Kooima Kooima Varilek, says grains are seeing pressure on weather. However, both live and feeder cattle futures are making new contract and all-time highs on last week’s record cash.
Scott Varilek, Kooima Kooima Varilek, says live cattle traded two-sided early Friday as the market awaits larger scale cash development with stronger prices anticipated. Grains are quietly mixed.