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National Ag News

 

Midday cash livestock markets

Aug 9, 2019, 13:03 PM by Ann Gregson
Midday cash livestock markets

A very light live direct cash cattle trade is underway in parts of Nebraska and Colorado, but the rest of cattle country remains quiet.  Deals have been reported at $113.  Packer inquiry is expected to improve throughout the day. Bids have surfaced at $179 dressed.  But asking prices are holding firm at $112 to $113 live in the South and $183+ dressed in the North. 

Boxed beef is mixed at midday on moderate demand for light
to moderate offerings.  Choice is $.13
lower at $216.75 and Select is $.54 higher at $192.91.  The Choice/Select spread is $23.84. 

At the Mitchell Livestock Auction in South Dakota, receipts
are up on the week and the year.  Compared
to last week, feeder steers 800 to 850 pounds were $4 higher, steers 851 to
1000 pounds were steady to $5 lower, steers over 1000 pounds were steady to $2
higher.  Feeder heifers sold evenly
steady.

Continue reading Midday cash livestock markets at Brownfield Ag News.

     

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