Futures Market Recap

Trade Complaints in the Rise

According to government figures cited in the Washington Post, trade complaints by U.S. agriculture and industry against foreign competitors are soaring under President Trump to levels not seen in more than 15-years. There have been 79 new trade investigations since

NC Market Highlights Dec. 25

At the weekly livestock auctions held Wednesday at Norwood and North Wilkesboro 537 cattle and 4 goats were sold. Slaughter cows were mostly steady to $6.00 higher, bulls were mostly steady to $4.00 higher when compared to the previous sales. 

Discipline Will Be Key for 2018 Poultry Marketing

The global poultry industry’s outlook for 2018 is promising on the strength of demand growth, but discipline in supply production will be required in the face of challenges such as the possible return of avian influenza and competition from beef

NC Market Highlights Dec. 22

Cattle:  At the livestock auctions held Tuesday in Mount Airy and Shelby, a total of 387 cattle, 15 goats, and 11 sheep were sold.  Compared to last week, slaughter cows were 1.00 to 7.00 higher; while bulls were 4.00 to

NC Market Report Dec. 21

At the 3 weekly livestock auctions held Monday at Turnersburg, Canton, and Siler City a total of 1678 cattle and 67 goats were sold.  Compared to the previous sales, slaughter cattle were mostly steady to $9.00 higher.  Feeder steers and

NC Market News Dec. 20

  Cattle:  At the livestock auction held Friday in Siler City, a total of 944 cattle, 121 goats, and 54 sheep were sold.  Compared to last week, slaughter cows were mostly steady to 3.00 higher; and bulls were sharply higher. 

NC Market Report Dec. 13

At the 2 weekly livestock auctions held Monday at Turnersburg and Siler City a total of 815 cattle and 22 goats were sold.  Compared to the previous sales, slaughter cattle were mostly steady to $3.00 higher.  Feeder steers were mostly

Grains Drop on Harvest North of Border

Lower prices for physical cattle sent the futures market lower on Wednesday. The U.S. Department of Agriculture said that meatpackers paid from $117 to $118 per 100 pounds on a live basis and $187 dressed for slaughter-ready cattle on Wednesday,

Grains & Oilseeds Gain Into the Weekend

Cattle futures ended the week sharply lower as hedge funds and other speculative investors unwound optimistic bets. Futures traders spent much of the week anticipating higher cash prices for physical cattle. But higher cash prices did little to stem the

Oil Futures Creeping Higher on OPEC Production Cuts

Cattle futures fell as traders waited for the week’s cash trade to develop. Many traders expected physical cattle prices to rise, and buying interest in the futures market waned as they waited for confirmation of this week’s price direction. Hog