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Beef fundamentals turning murky
Beef fundamentals turning murky
As the leverage shifts in favor of the feedlot and away from the packer, higher to sharply higher cash steer prices are likely.
Cash Grain Bids for
Boone, IA
Landus Cooperative (Boone, IA)
corn
ZCN24
$4.49
corn
ZCZ24
$4.31
soybeans
ZSN24
$11.39
soybeans
ZSX24
$11.11
Contract | Last | Change | High | Low | Open | Last Trade |
---|---|---|---|---|---|---|
Jul 24 Corn | 445.75 | -0.5 | 447 | 442.75 | 445.75 | 12:05 PM |
Jul 24 Oats | 377.5 | -10 | 386 | 374 | 386 | 12:05 PM |
Jul 24 Class III Milk | 20.05 | -0.24 | 20.31 | 20.05 | 20.31 | 11:41 AM |
Jul 24 Soybean | 1194.25 | -10.75 | 1205.5 | 1191 | 1204.25 | 12:05 PM |
Aug 24 Feeder Cattle | 256.4 | -2.675 | 259 | 255.8 | 259 | 06:04 PM |
Jun 24 Ethanol Futures | 2.161 | unch — | 2.161 | 2.161 | 2.161 | 11:03 PM |
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