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Cash Cattle Market Is Likely Done Rallying Until After the New Year

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Cash Cattle Market Is Likely Done Rallying Until After the New Year

What an accomplishment! Last week’s fed cash cattle market gained another substantial leg up as both Northern and Southern cattle traded higher. Feedlot managers were...

"Cash Cattle Market Is Likely Done Rallying Until After the New Year"
Cattle Complex Sits Anxious Following Last Week’s Price Rally

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Cattle Complex Sits Anxious Following Last Week’s Price Rally

Last week, the cattle complex rallied beyond what most thought was possible for the post-Thanksgiving holiday week. The sheer combination of active trader support mixed...

"Cattle Complex Sits Anxious Following Last Week’s Price Rally"
Nov. 1 Cattle on Feed Down 2% From Year Ago, Placements Down 10%

USDA Nov. 1 Cattle on Feed Report

Nov. 1 Cattle on Feed Down 2% From Year Ago, Placements Down 10%

This article was originally published at 2:03 p.m. CST on Friday, Nov. 21. It was last updated with additional information at 5:22 p.m. CST on...

"Nov. 1 Cattle on Feed Down 2% From Year Ago, Placements Down 10%"
Steer Carcass Weights Hit New All-Time High of 983 Pounds

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Steer Carcass Weights Hit New All-Time High of 983 Pounds

I hate to be the bearer of bad news given that the market has had plenty to digest lately. But sitting quietly behind the scenes...

"Steer Carcass Weights Hit New All-Time High of 983 Pounds"
Traders Yearn for More Fundamental Support in Cattle Sector

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Traders Yearn for More Fundamental Support in Cattle Sector

Last week came and went and throughout the five trading days, traders longed for one clear thing — greater fundamental support. While the market still...

"Traders Yearn for More Fundamental Support in Cattle Sector"

Weather

What DTN is Watching

Markets

On Wednesday, the EIA will release the weekly Petroleum Status report at 9:30 a.m. CDT, including last week’s ethanol production. There are no other major reports scheduled. Traders will as always watch U.S. weather as well as the situation in the Middle East as fighting has again escalated through this week.

Weather

A system that has been spinning around the Northern Plains and Canadian Prairies is finally starting to push eastward on Wednesday, but will continue scattered showers and thunderstorms in the region throughout the day. Showers extend down through the Plains as well, producing some much-needed rainfall in some very dry areas of the country.

Farm Credit Rates

DTN Ag Interest Rate Snapshot
TODAY- LAST YEAR
as of:6/3/266/3/25
BENCHMARKS
Prime Rate6.758.25
30-Day Libor5.19
1-Year Libor5.91
10-Yr. Treasury4.503.73
CCC Loan Rate4.7505.750

Closing Market Comment