Livestock futures outperformed crop markets Tuesday night
The Crop Progress report depressed corn prices Tuesday night. The belatedly released weekly USDA report boosted the corn crop rating 1% to 74% good-to-excellent, which is the second highest reading for...
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Live Cattle Futures Report for the week of 9/4/14 Via Blue Reef Agri-Marketing
Last week Live Cattle Futures posted very strong gains. October gained $8.325 and December gaining $6.975 on the week. December through February reached into new highs. October was unable to make new...
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Live Cattle Futures Report for the week of 9/19/14 via Blue Reef Agri-Marketing
The USDA released the September Cattle on Feed Report Friday. Cattle and Calves on feed as of September 1, 2014 totaled 9.8 million head, 1 percent below last year and 5% below the 5 year average....
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Live Cattle Futures Report for the week of 10/3/14 via Blue Reef Agri-Marketing
Cash traded late in the day Friday with light volume. Texas traded $162 and Kansas $160-162. Nebraska reported sales of $250-252 Hot Weight. The packers then raised the bids late in the day to $163 and...
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Live Cattle Futures Report for the week of 10/24/14 via Blue Reef Agri-Marketing
Wide daily trading ranges in Live Cattle suggest the market is getting tired and looking for new information to continue the sharp incline it’s experienced over the last 2 months. December and February...
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Live Cattle Futures Report for the week of 12/19/14 via Blue Reef Agri-Marketing
Futures exploded lower and initially traded right through support. What was support, should now become resistance. And once again Feeder Cattle led the drive lower, and did not give up the ship until...
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