Market News

Cattle Head Into the Weekend with Gains
BarchartFri May 16, 4:53PM CDT
Live cattle futures rebounded higher into the weekend, with contracts up 90 cents to $1.30, as June slipped back $2.45 this week. Cash action kicked off on Thursday, with Southern sales of $218-220, steady, and $229 in the north. Feeder cattle futures posted gains of 65 cent to $1.80 on...
Cattle futures higher to end the week
Brownfield Ag NewsFri May 16, 3:32PM CDT
At the Chicago Mercantile Exchange, live and feeder cattle were up, with boxed beef sharply higher during the session. June live cattle closed $1.05 higher at $212.22 and August live cattle closed $.90 higher at $206.75. August feeder cattle closed $1.77 higher at $297.60 and September feeder cattle closed $1.65...
Closing Grain and Livestock Futures: May 16, 2025
Brownfield Ag NewsFri May 16, 3:32PM CDT
Jul. corn closed at $4.43 and 1/2, down 5 centsJul. soybeans closed at $10.50, down 1 and 1/4 centsJul. soybean meal closed at $291.90, down $4.50Jul. soybean oil closed at 48.93, down 39 pointsJul. wheat closed at $5.25, down 7 and 3/4 centsJun. live cattle closed at $212.22, up $1.05Aug....

Cattle Rebounding on Friday
BarchartFri May 16, 12:21PM CDT
Live cattle futures are rebounding on Friday, with contracts up 85 cents to $1.32. Cash action kicked off on Thursday, with Southern sales of $218-220, steady, and $229 in the north. Feeder cattle futures are showing gains of $1.20 to $2.20 at midday. The CME Feeder Cattle Index was down...
Timeline for widespread expansion in the cattle herd remains uncertain
Brownfield Ag NewsFri May 16, 12:20PM CDT
The chief economist for the USDA says the cattle industry is still waiting for widespread herd expansion. Seth Meyer says record-high cattle prices are putting many producers in a tough spot. “Talk to some of the cow-calf folks, and yes, those feeders are worth a lot of money,” he says. ...
Midday cash livestock markets
Brownfield Ag NewsFri May 16, 12:20PM CDT
Direct cash cattle trade activity was relatively quiet to start the day. A few bids have resurfaced at $220 live in the South. But it looks like the bulk of business has wrapped up. For the week, live deals in Texas ranged from $218 to $220, $1 lower to $1...
Investigation continues into multi-state cattle theft fraud
Brownfield Ag NewsFri May 16, 11:48AM CDT
The Georgia Department of Agriculture Law Enforcement’s investigation into a multi-state cattle theft fraud scam continues. According to Tyler Harper, Georgia’s Agriculture Commissioner, Garrett Hill, aka Jared Smith, allegedly advertised cattle for sale, required victims to pay a deposit via an app or online transfer, and then never delivered the...
Most Illinois pastures in good shape
Brownfield Ag NewsFri May 16, 10:28AM CDT
A central Illinois cattle producer says his pastures are off to a good start. David Mool, who raises cattle and row crops in McLean County, tells Brownfield… “Pasture conditions have improved substantially.” He says, “They’re just getting going good. The grass is seeding out maybe a little shorter than I...

Cattle Look to Friday After Midweek Selling
BarchartFri May 16, 7:35AM CDT
Live cattle futures fell on Thursday, with contracts down $2.77 to $3.82. Preliminary open interest was down 6,574 contracts in June, but rose in the other front months, with August up 2,623 contracts. Cash action kicked off on Thursday, with Southern sales of $218-220, steady, and $229 in the north....

Cattle Collapse Continues on Thursday
BarchartThu May 15, 4:10PM CDT
Live cattle futures were pushing the pullback to Thursday, with contracts falling $2.77 to $3.82. Profit taking and technical pressure was takes part of the blame. Cash action kicked off on Thursday, with Southern sales of $218-220, steady, and $229 in the north. The Thursday morning Fed Cattle Exchange Online...
A shifting cattle herd
Brownfield Ag NewsThu May 15, 4:04PM CDT
A cow-calf producer in central Missouri says he’s expecting a shift in cattle herds across the state later this year. David Dick from Pettis County says herds will likely get younger heading into fall and winter. “The market is right and you’ll be able to market some of these older...
Cattle futures sharply lower on technical selling
Brownfield Ag NewsThu May 15, 3:48PM CDT
At the Chicago Mercantile Exchange, live and feeder cattle were sharply lower on technical selling, watching direct business develop. June live cattle closed $2.77 lower at $211.17 and August live cattle closed $3.52 lower at $205.85. August feeder cattle closed $6.15 lower at $295.82 and September feeder cattle closed $6.35...

Cattle Extending Losses into Thursday
BarchartThu May 15, 12:01PM CDT
Live cattle futures are extending the pullback on Thursday with midday losses of $1.80 to $2.80. Cash action icked off on Thursday morning, with Southern sales of $218-220, steady, and $229 in the north. The Thursday morning Fed Cattle Exchange Online auction from Central Stockyards saw sales on 558 of...