Cattle markets take center stage as feeder futures rebound while wholesale beef values climb, signaling shifting dynamics across the livestock complex. SF Daily with host Lorrie Boyer delivers the latest agriculture market updates, breaking down the numbers producers need to know.
🌾 Wheat: Wheat market updates, and global supply factors continue to influence grain direction.
🌽 Corn & Soybeans: Grain traders watch price movement and supply outlooks as harvest approaches.
🐄 Livestock: Live cattle futures finish mixed, while feeder cattle recover with gains of up to $1.55; beef cutout values move higher.
🌦️ Weather: Weather trends remain a key factor for crop development and livestock conditions.
📈 Other major market news: CME feeder cattle index declines to $345.83 as wholesale Choice and Select beef prices strengthen.
SF Daily delivers fast, actionable agriculture news covering grain markets, livestock, weather, USDA reports, and ag business developments impacting American farmers and ranchers.
Subscribe to SF Daily for weekday updates on grain markets, agriculture news, farm weather, livestock, and the stories shaping American agriculture.
Cattle futures were mixed in the latest trading session, with contracts ranging from 52 cents lower to 22 cents lower. Feeder cattle futures showed strength, rebounding between 87 cents and $1.55 higher.
The CME feeder cattle index declined $1.86 on July 30th, settling at $345.83. Meanwhile, wholesale beef prices moved higher, with Choice boxed beef increasing 88 cents to $361.38, while Select boxes gained $4.90 to $346.23.
SF Daily continues to track the latest commodity markets, livestock trends, weather developments, and agriculture news affecting producers across the country.
Learn more about your ad choices. Visit podcastchoices.com/adchoices
