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
Progressive Beef™, a cattle management and sustainability system for feedlots, says more than two million cattle have been certified through the program and nearly four million cattle will be certified this year.
Cash fed cattle prices traded lower as futures prices set new lows for the week before a Friday rebound.
While cash fed cattle traded lower the past two weeks, traders anticipate a higher market toward spring as cattle numbers tighten seasonally and beef demand improves.
There was some hesitation among buyers this week as the CME futures had a downward turn and sell-off early in the trading period. Steers and heifers sold lower at auctions.
Agricultural Marketing Service reporters said the market was most active on “lightweight cattle, in light flesh, as numbers of those cattle are not as plentiful as their heavier mates.”
Cattle feeders were unable to push the cash market higher, settling for mostly steady money as packers were noticeably less aggressive with much narrower profit margins.
A pair of lawsuits filed last year involving a packing company and two producers have been dismissed following a confidential settlement.
Lawyers for America’s largest beef packing companies asked a federal judge on Friday to dismiss the class action suit filed against them by a group of ranchers last year.
Walmart held a grand opening of its Thomasville, Georgia, beef processing facility that will supply Black Angus beef to some 500 of its retail stores in the southeast.
Steers and heifers suitable for grazing programs sold sharply higher in the week ended Jan. 10. AMS reporters called demand good to very good at livestock auctions nationwide.