This program is a market intelligence report. Farmers and ranchers can get the numbers anywhere, what they truly want is information that tells them what moved the numbers and any special information that will give them a hint as to where the market is headed. Bob Larson compiles and presents this…
AG INFORMATION NETWORK OF THE WEST
This weeks Beef Exports were 15 % higher than the previous week and 4% higher over the month.
Cattle Futures steady following Tuesday's selloff, as Cash cattle remain resilient.
The selloff continues in the Beef Market, as prices hit 60 day lows.
Traders see a bit of a of correction in the Beef Market following the Cattle On Feed Report last.
Feeder Cattle fell sharply lower last week, as cash cattle prices remain red hot.
The Corn Market picked up some momentum yesterday with export expectations in line with USDA estimates.
Both the Beef and Grain Market fell into the red yesterday as outside markets continue to play a role in commodities.
Finally the Beef Market cools off as Live and Feeders found resistance in front running contracts.
Consumer demand for beef picks up as barbeque season heats up.
Feeders and Live Cattle hit a bit of a lull last Thursday but finished the week on in the Green.
Cash Cattle continue to trend higher, however Live and Feeder Cattle hit a wall as prices fell yesterday.
The strength continues in the Beef market in all sectors as prices are up over 30% from the past 12 Months.
The Beef Market continues to find momentum as Cash Cattle trend higher.
The Beef Market firms up but fails to break out following stronger Boxed Beef prices.
Live Cattle hit 6 Month High's Friday, before cooling off to finish the week in the red.
Cash Cattle bring the heat once again, as prices continue to run at all time highs.
Boxed Beef prices directly reflecting on the Feeder Market as cattle demand slips.
Hesitation from the packers drove Feeder Cattle prices lower yesterday.
The Wheat Market kicks the week off with a rally, after buyers take advantage of lower prices.
Friendly fundamentals string together a nice rally for the Beef Market to finish the week. Let's go to Virginia McGathey with the CME Group to hear more.
Slower Cash Cattle put a damper on the Beef Market, as Futures continue correction.
Finally, the Cattle Market has found some resistance as demand continues to drive the futures.
Sideways trading follows Fridays “On Feed” Report in the Beef Market.
Feeder Cattle continue to rally, as Cash Cattle lead the way.
The Corn Market continues to struggle as prices hit lows not seen since 2020.
The supply and demand dilemma continues to drive the Beef Market as Cattle prices climb higher.
Grains were greener across the board following the 3 day weekend.
Higher than expected US inflation taking may take a toll on consumers.
Live & Feeder Cattle futures reached gains not seen since Oct. of 2023.
Boxed Beef prices continue to create demand as the Cattle Market rallies across the board.
Analysts suggest the Beef Market was overbought and a correction was due.
Outside markets add pressure to futures across the board. Let's go to Oliver Sloup with the CME Group to hear more.
Cattle Futures continue to power higher, as Cash Markets add valuable support.
The cattle market continues to produce demand as US cattle herd hits 73 yr low.
Beef markets bounces back from the previous days lull as volatility continues. Let's go to Ted Seifried with the CME Group to hear more.
A bit of a pullback in Cattle futures yesterday, as analysts suggest the market may have been overbought. Let's go to Virginia McGathey with the CME Group to hear more.
The rally continues in the beef market as prices hit 5 month highs. Let's go to Oliver Sloup with the CME Group to hear more.
Live and Feeder Cattle took a bit of pause yesterday, but overall the market still looks promising.
Marketline Report for Monday, February 5th
Marketline Report for Friday, February 2nd
Marketline Report for Thursday, February 1st