Call for Corn Bids

Graettinger, IA

Lee Carpenter

(712) 859-3663 Ext. 202

Lake Mills, WI

Pete Wollin

(920)648-2377 Ext. 18




Wednesday, July 18, 2018  
Weather |  Futures |  Futures Markets |  Market News |  Headline News |  DTN Ag Headlines |  Charts |  Portfolio |  Options |  Corn News |  Soybeans News 
About Us
Delayed Futures
Discount Schedule
Local Grainbids
USDA Reports
Daily Commentary
Admin Login
Cash Bids
Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
DTN Early Word Opening Livestock       07/18 05:35
   Livestock Futures Are Set to Open Mixed at Midweek

   Expect lean hog contracts to begin in a mixed basis thanks to a residual of
selling on one hand and short covering on the other. The cattle complex shoulld
also begin with uneven price action tied to follow-through selling and the
premium status of recent feedlot sales.

By John Harrington
DTN Livestock Analyst

Cattle: Steady        Futures: mixed   Live Equiv: $136.05 + 0.54*
Hogs:   Steady-$1 LR  Futures: mixed   Lean Equiv  $ 89.38 + 0.83**

* based on formula estimating live cattle equivalent of gross packer revenue
** based on formula estimating lean hog equivalent of gross packer revenue


   Cash cattle potential should start to take shape this morning with the
preliminary surfacing of a few bids and asking prices. Our guess is that asking
prices will start out around $114-plus in the South and $176-178 dressed in the
North. Significant trade volume could easily be delayed until Thursday or
Friday. Live and feeder contracts are staged to open on a mixed. basis thanks
to a combo of follow-through selling and midweek short covering.
DTN offers additional daily information available free through DTN Snapshot – sign up today.
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN