Weekly Livestock Comments, March 1, 2013
FED CATTLE: Fed cattle sold mainly $5 higher on a live basis and about $8 higher on a dressed basis compared to last week. Prices in the South were primarily $127 to $129 while prices in the North ranged from $201 to $205 with most trade occurring at $203. The 5-area weighted average prices thru […]
Weekly Crop Comments, March 1, 2013
Price Change US Dollar 82.32 +0.73 Crude 90.89 -2.24 Dow 14,090 +90 Corn and cotton prices are up; wheat prices mixed while soybean prices are down for the week. Without an agreement on the budget in Washington D.C., sequestration goes into effect today, March 1, with no immediate impact expected. The effects on commodity prices […]
Weekly Livestock Comments Feb 15, 2013
FED CATTLE: Fed cattle sold mainly $2 lower on a live basis and $4 lower on a dressed basis compared to last week. Prices in the South were primarily $123 while prices in the North ranged from $194 to $197 with most trade occurring at $196. The 5-area weighted average prices thru Thursday were $122.79 […]
Weekly Crop Comments Feb 15, 2013
Price Change US Dollar 80.54 +022 Crude 95.90 +0.18 Dow 13,972 -21 Cotton prices are mixed while corn, soybeans, and wheat prices are down for the week. Markets will be closed Monday, February 18 for President’s Day. The USDA supply & demand reports released on February 9 were mostly neutral to friendly but other data […]