Flood Warning KORN News Radio Listening AreaLocal Weather Alerts

Flood Warning
...the Flood Warning Continues For The Following Rivers In Nebraska...south Dakota...iowa... Missouri River Near Greenwood Missouri River Near Verdel Missouri River At Niobrara Missouri River At Springfield ...Read More.
Effective: July 21, 2019 at 9:51amExpires: July 22, 2019 at 1:50pmTarget Area: Davison; Hanson

Lean hogs continue to push higher

Lean hogs continue to push higher

At the Chicago

Mercantile Exchange, live cattle futures closed lower on profit taking and the

lack of direction in the cash trade. 

Feeder cattle futures were lower on the same factors with additional

pressure from the days higher move in corn. 

August live cattle closed $.50 lower at $107.62 and October live cattle

closed $.32 lower at $108.97.  August

feeder cattle closed $.52 lower at $142.35 and September feeder cattle closed

$.27 lower at $142.85. 

Direct cash cattle

trade activity was at a standstill.  Bids

were at $180 dressed in Nebraska.  Asking

prices are at $113 to $114 live and $184+ dressed.  While packer inquiry is expected to improve,

significant trade volume isn’t expected until sometime Thursday or Friday. 

At the Hub City Livestock Auction in South Dakota, receipts are up on the week and almost steady on the year. 

Continue reading Lean hogs continue to push higher at Brownfield Ag News.