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Marketline Report for Monday, October 16th ... A bit of a down day in cattle trading to close out the week Friday.
Marketline Report for Wednesday, October 11th
Marketline Report for Wednesday, September 13th
Marketline Report for Tuesday, September 12th
Marketline Report for Thursday, October 31st.
I'm in John Day at the Oregon Cattlemen's Association Mid-Year so today lets focus on the cattle future prices.
On Thursday the U.S. dollar was down again and the commodity markets rallied.
Thursday's wheat markets ended either side of unchanged.
Wheat and corn closed higher, as the wheat market reacted well to possible quality issues at the time of harvest due to excessive rainfall.
After big export sales cancellations, wheat ended the day in the red on Thursday.
Lower dollar boosts commodity markets on Thursday especially in the live and feeder cattle contracts.
Wheat contracts end Thursday mixed due to continued weather pressure.
Wheat closed with modest losses and corn had slight losses on Thursday.
Thursday was the last market day of this week and ended higher for wheat and corn and beans ended lower.