National Ag News

Total trade volume in the cattle last week was smaller across the board. Given the combination of smaller trade volume and a larger weekly slaughter, you might have thought that showlists would be somewhat larger this week. However, it looks like the new offering is smaller in all states except Colorado. Asking prices are not well defined, but it is a good bet that feedlot managers will be thinking higher by at least $2.00.The Monday kill totaled an estimated 116,000 head, the same as last week, but 18,000 more than last year.

Continue reading Livestock futures closed sharply lower at Brownfield Ag News.