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
A year ago feeders were concerned about weathered cattle and tough pen conditions and how at times it would be the motivation for sellers to take the market. It’s eerie how not much has changed in that sense.
The beef market is set to rapidly adjust to changes in consumer buying habits. This removes demand pressure from ribs and tenderloins, realigning the contribution of those cuts to a smaller percentage of carcass value.
2023 was a lower year for all the grains as the market went through a commodity reset similar to 2013. What’s ahead for 2024?
The final week of 2023 found at least three bidders in the market in multiple regions.
AgDay TV Markets Now: Brad Kooima, Kooima Kooima Varilek, recaps a record year in the cattle market and discusses if new highs are possible in 2024.
Feedyards saw higher cash cattle bids for the second consecutive week as the market closed the year on an upswing. Futures prices finished the week lower.
Volatility contributed to a strong basis early last week and cash traders benefitted by waiting until late week to sell cattle.
Cattle prices were weaker on the week with volatility in the futures markets and the season’s first cold spell on the way. Wholesale beef prices traded higher seasonally.
Fed cattle trade posted gains last week, but the rally was not incentivized by wholesale beef prices, but rather pushed by limited supplies of ready cattle.
Cattle futures rallied to all-time highs on Friday after Thursday’s sell off, supporting negotiated cash prices that reported mostly steady for the week.