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Cattle Boards
NCBA, R-CALF, COOL, USDA (No Politics!)
Cattle Market takes Off
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<blockquote data-quote="Oldtimer" data-source="post: 75316" data-attributes="member: 97"><p>Cattle Market Comments - Ann Barnhardt </p><p> </p><p> Today 3/9/2005 1:30:00 PM </p><p></p><p></p><p>Low-Carb Market Wrap</p><p></p><p> </p><p></p><p>What a day in the cattle market. The futures opened modestly higher, and gradually strengthened throughout the session. April Cattle did touch limit-up at $92.25, but finishing at $91.45 as the Goldman Roll suppressed April and pushed June into new highs at the close. Cash trade was seen mid-morning at $150 and $92, but feedyards quickly began passing as the futures continued their steady climb. As of this writing, $94 is trading in the North, and we await trade in the South. It will take at least $93, and probably $94 to move cattle this week. </p><p></p><p> </p><p></p><p>Today's Cattle Kill = 119,000 </p><p>Week Ago = 118,000 </p><p>Year Ago = 119,000 </p><p>Week to Date = 357,000 </p><p>Same Period Last Week = 356,000 </p><p></p><p> </p><p></p><p>A.M. Boxed Beef</p><p>Choice $153.59 up $2.33</p><p>Select $147.90 up $1.33</p><p>240 Loads Fab</p><p>109 Loads Trim & Grind</p><p></p><p> </p><p></p><p>Source: Ann Barnhardt, Commodity Broker, Risk Management & Marketing Consultant, <a href="http://www.Barnhardt.biz" target="_blank">http://www.Barnhardt.biz</a></p></blockquote><p></p>
[QUOTE="Oldtimer, post: 75316, member: 97"] Cattle Market Comments - Ann Barnhardt Today 3/9/2005 1:30:00 PM Low-Carb Market Wrap What a day in the cattle market. The futures opened modestly higher, and gradually strengthened throughout the session. April Cattle did touch limit-up at $92.25, but finishing at $91.45 as the Goldman Roll suppressed April and pushed June into new highs at the close. Cash trade was seen mid-morning at $150 and $92, but feedyards quickly began passing as the futures continued their steady climb. As of this writing, $94 is trading in the North, and we await trade in the South. It will take at least $93, and probably $94 to move cattle this week. Today's Cattle Kill = 119,000 Week Ago = 118,000 Year Ago = 119,000 Week to Date = 357,000 Same Period Last Week = 356,000 A.M. Boxed Beef Choice $153.59 up $2.33 Select $147.90 up $1.33 240 Loads Fab 109 Loads Trim & Grind Source: Ann Barnhardt, Commodity Broker, Risk Management & Marketing Consultant, [url=http://www.Barnhardt.biz]http://www.Barnhardt.biz[/url] [/QUOTE]
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Cattle Boards
NCBA, R-CALF, COOL, USDA (No Politics!)
Cattle Market takes Off
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