Welcome to
  Mid-America Feed Yard  
Ohiowa NE

'Finishing First'
 
 

CALL 800-228-4532 TO FEED YOUR NEXT PEN OF CATTLE AT MID-AMERICA FEED YARD WHERE YOUR CATTLE WILL BE SOLD ON A TRUE NEGOTIATED BASIS!

 

(800) 228-4532

Monday, January 21, 2019  
 
DTN Ag Headlines |  AgBizDir.com |  Portfolio |  Options |  Feeder Cattle News |  DTN Renewable Fuels |  Swine News |  Markets Page |  Livestock 
Home
Corn Bids
National Cattle and Beef Summary
Our Team
Mid-America Feed Yard
Switchboard
Calendar
Futures Markets
Customer Login/Register
Feedback
Admin Login
Employment Opportunities
 
 
Printable Page Livestock   Return to Menu - Page 1 2 3 4 5 7 8 10 11 12 13
 
 
DTN Early Word Opening Livestock       01/18 05:52
   Late-Week Positioning

   Market weakness through the end of the week is creating additional market
pressure in cattle and hog futures. This could allow for moderate price shifts
as traders adjust positions ahead of the long holiday weekend.

By Rick Kment
DTN Analyst



Cattle: Steady               Futures: Lower   Live Equiv: $141.58 +0.31*
Hogs:   Steady to $1 Lower   Futures: Mixed   Lean Equiv: $ 74.68 +0.46**

* based on formula estimating live cattle equivalent of gross packer revenue
** based on formula estimating lean hog equivalent of gross packer revenue

GENERAL COMMENTS:

   Cash cattle business has once again made it to Friday without any
significant market direction, or indication that packers and feeders will make
an effort to come to terms on selling cattle for the week. Packer interest
should improve through the morning, although it could be late in the day before
there is trade. Asking prices will likely be at $123 and higher live and $200
to $203 dressed, although given the market volatility in all livestock trade,
it is uncertain where markets will shake out by the end of the day. Futures
trade is expected to open with a weak undertone following previous sharp losses
in feeder cattle, creating market uncertainty through the entire market.
Traders are likely to try to square positions Friday, as overall volume may
remain sluggish ahead of the three-day weekend.
Get your local Cash Bids emailed to you each morning from DTN – click here to sign up for DTN Snapshot.
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN