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
Check out Sterling Marketing’s Beef Profit Tracker for week ending April 5.
Check out the Sterling Marketing Beef Profit Tracker ending March 29.
Last week’s fed cattle trade was highlighted by sales late Friday that featured substantially higher prices as packer demand for spot market cattle pressed prices higher in all regions.
The Sterling Marketing Beef Profit Tracker shows current breakeven price in the $170s/cwt compares to $200/cwt for currently placed cattle.
February report confirms cattle on feed, placements and marketing statistics all down.
Check out the Sterling Marketing’s Profit Tracker ending for week of March 14.
While tariffs are negative for grain and hog producers, tariffs on U.S. beef and cattle imports have a net effect of tightening supplies and that’s price positive.
Feedlot margins jumped from $198 to $366. Choice steers were up slightly to $201.
Total beef cattle harvest last week was up 12,000 head from the prior week at 578,000 head, 6,000 head fewer than the same week last year.
Brad Kooima of Kooima Kooima Varilek says live cattle see buying interest after strong cash late last week. Corn tries to hold gains with soybeans seeing South American harvest pressure and concern about China’s 10% tariffs on U.S. soybeans.