Category: Markets
Sep 15
Monday Preopening Market Update with Dave Lanning
RON’s Dave Lanning has a pre-opening look at today’s agricultural Markets. Click the audio tab below for today’s report.
Sep 13
Feedlots Report $2 Lower Prices on Fed Cattle in Latest Week- at $240 in Southern Plains
On Friday- October live cattle closed $2.30 lower at $229.97, December live cattle closed $2.20 lower at $231.92 and February live cattle closed $2.02 lower at $233.22. It is important to note that the spot October contract did, unfortunately, close below the market’s 40-day moving average, which could mean that this coming week the market …
Sep 12
Choice Boxed Beef Ends Week 75 Cents Lower at $400.04
Boxed beef values slid again Friday, marking the seventh consecutive day of declines and the lowest level since August 15th. Over that stretch, the cutout has fallen $15.97. Choice cutouts dropped 75 cents to $400.05/cwt, while Select fell $1.61 to $378.44/cwt, with the choice/select spread now at $21.60. Total loads were lighter at 128, up …
Sep 12
Friday Preopening Market Update with Dave Lanning
RON’s Dave Lanning has a pre-opening look at today’s agricultural Markets. Click the audio tab below for today’s report.
Sep 11
Losses Mount for Choice Box Beef- Thursday Sees $4.85 Drop to $400.79
Boxed beef values slid again Thursday, marking the sixth consecutive day of declines and the lowest level since August 15th. Over that stretch, the cutout has fallen $15.22. Choice cutouts dropped $4.85 to $400.79/cwt, while Select fell $3.73 to $379.95/cwt, narrowing the spread to $20.84. Total loads were lighter at 112, down from 136 yesterday. …
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