National Ag News

Direct cash cattle trade is quiet to start the day.  Showlists this week are higher in most areas – except Colorado, which is lower.  Bids have yet to surface but a few early asking prices have been noted in parts of the North at $130 live and $208-plus dressed.  Significant trade volume will likely be delayed until Wednesday or later.

Boxed beef is higher on Choice and firm on Select on moderate
demand for moderate to heavy offerings. 
Choice is $1.12 higher at $232.10 and Select is $.33 higher at
$221.55.  The Choice/Select spread is
$10.55. 

At the close, at the Oklahoma National Stockyards, receipts
are down on the week and the year. 
Compared to the last sale – feeder steers were mostly $1 to $2
higher.  Feeder heifers were mostly
steady to $3 lower.  Steer and heifer
calves sold with a higher undertone on limited offerings.  The USDA says demand was moderate to good and
quality was average to attractive. 
Feeder supply included 45 percent steers and 68 percent of the offering
was over 600 pounds.  Medium and Large 1
feeder steers 610 to 647 pounds brought $166 to $171 and feeder steers 752 to
796 pounds brought $142 to $152.  Medium
and Large 1 feeder heifers 650 to 699 pounds brought $135 to $143 and feeder
heifers 704 to 749 pounds brought $129 to $136.75. 

Cash hogs opened weak with fairly light negotiated purchase totals.

Continue reading Midday cash livestock markets at Brownfield Ag News.