Corn Sep +2 367; Dec +2 381 (379-87)

Bean Sep -4 887; Nov -4 897 (885-903)

  Meal -3 331

  Oil -33 2829

Wheat Sep +2 560; Jly +1 597 (595-617)

  KC +5 569; MGE +2 610

Oats +4 243

Rice -24 1163

 

LC Aug -2 10860; Dec -20 11382; Feb -30 11772

FC aug -62 15120; Oct -62 15160; Jan -15 15100

LH Aug -127 5897; Oct -112 4965; Dec -112 4517

Milk Aug -3 1483; Sep -4 1561

CBOT futures closed mixed with small price changes posted at the close. Ironically, corn and wheat closed higher, but it was near the low end of the trading range. Soybeans ended lower but ended well of the day’s lows. The market factors remain the trade tariffs and weather (uncertain for corn/beans, bullish for world wheat). USDA will be releasing its production and ending stocks forecasts for the US and the World next Friday, August 10.

Cattle futures closed slightly lower with today’s trading mostly staying within Wednesday’s range. Beef export sales were positive against the concerns of increasing supply. Choice beef gained a nickel to 203.80 and Select lost .48 to 197.10.  Cash trading has been light.

Lean Hog futures closed moderately lower, hitting new contract lows. Futures were pressured by weaker hog and pork markets amid general bearishness in the hog market. FOB Plant Pork dropped again today, losing .63 to 73.24. Weekly export sales were strong for pork.

 

US$ +.6%

Dow -8 2326

  APPLE has a $1 Trillion value tonight, the first company ever to surpass that level.  

SP +14 2827

NAS +95 7803

Tran +72 11055

  VIX -.96  12.19

 

WTI +130 6896

Brent +106 7345

Gas +2 207

NG +6 282

HO +3 213

Eth unch 144

Gold -7 1220

Slvr -7 1538

 

2-yr -.017 2.665%

5-yr -.020 2.855%

10yr -.015 2.988%

30yr -.005 3.122%

 

Lexington, KY - Blue Grass Stockyards
Cattle Weekly Summary Report for the week ending 7/31/18
    Receipts:  1481   Last Week: 2025   Year Ago:  1066
Compared to last week feeder steers under 600 lbs sold steady to 3.00 higher with most advance on 400-500 lb calves.  Yearling steers sold steady to 3.00 lower with moderate demand.  Heifer calves sold mostly steady with good demand. Slaughter cows and slaughter bulls sold steady with moderate demand.

Kentucky Farm Bureau Minute video  - Click Here

KENTUCKY CASH GRAIN PRICES – Click Here

KENTUCKY LIVESTOCK AUCTIONS --  Click Here