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 lower on demand concerns

Lean hogs lower on demand concerns

At the Chicago

Mercantile Exchange, live cattle futures closed with modest gains on short

covering and support from the higher cash trade.  Feeder cattle futures were higher on the same

factors.  August live cattle closed $.25

higher at $107.87 and October live cattle closed $.35 higher at $109.32.  August feeder cattle closed $.27 higher at

$142.62 and September feeder cattle closed $.42 higher at $143.27. 

A light dressed trade

developed in parts of the North today at $180 to $185.  That’s steady to $5 higher than last week’s

weighted average basis in Nebraska. 

Trade in the South remained undeveloped. 

Asking prices for cattle remaining on showlists is $113 to $114 live and

$184-plus, dressed.  Significant trade

volume is likely to develop throughout the day on Friday. 

At the Bassett Livestock Auction in Nebraska, receipts were up the week and the year. 

Continue reading Lean hogs lower on demand concerns at Brownfield Ag News.