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Markets Brought to you by CattleFax

Friday, July 20, 2018
Fed cattle trade had not occurred as of press time, however, a stronger market undertone is expected. Prices last week were $110 to $111 live and $173 to $175 dressed on light trade volumes. Boxed beef was steady to $2 lower this week as mid-summer grilling demand approaches a seasonal low. Heavy weight feeder cattle were steady to $4 higher for the week, while lighter weights were steady to $3 lower. Calves traded steady to $4 lower compared to last week. Market cows were steady to $2 lower. Corn was 12 cents higher this week.

Futures Market Summary

Nearby Elec. Contract Close Change High Low
Live Cattle $108.925 $0.025 $109.350 $108.275
Feeder Cattle $153.675 ($0.775) $154.425 $152.975
Lean Hogs $66.450 ($0.800) $67.050 $65.650
Class III Milk $14.19 ($0.02) $14.22 $14.19
Corn $3.5525 $0.0400 $3.5575 $3.4975
Soybean $8.4975 $0.0375 $8.5325 $8.4125


USDA Beef Complex

Item Price Change
Choice $204.49 ($0.31)
Select $196.92 ($0.17)
Drop Credit $9.17 $0.00

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