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B & L Red Angus - Annual Spring Production Sale

Live Event Started: 3/25/20 1:00 PM (CDT)

Seller Contact Information

Benji White
80667 North 220 Rd.
Putnam, OK 73659
(580) 334-2801
Website
whiteenterpris@pldi.net

Auction Location

B & L Red Angus
80667 N 2200 RD
(6 miles west of Putnam on Hwy 47, then 1.2 miles north at sign
Putnam, OK 73659

Additional Links

Catalog
Video Catalog
Supplement Sheet
List of Outs

Terms and Conditions

DVAuction Terms and Conditions

U.S. CATTLE REPORT: 140 steers (711#) from Lexington, Kentucky at $184.70; Wheat down $1.21 since June 29th; Crude drops under $100; Pork cutout highest since June 17th
NATIONAL STEER TRACKER: The largest steer string sold on Tuesday on the National Steer Tracker (700-899#) was 230 steers (870#) from West Plains, Missouri at $167.75. The average price for the top 10 steer strings sold on Tuesday was $165.03
NATIONAL CATTLE TRACKER: The largest steer and heifer string sold on Tuesday was 312 steers (920#) from West Plains, Missouri at $164.25. The second largest string was 230 steers (870#) from West Plains, Missouri at $167.75
CME LIVESTOCK: Live Cattle: $132.925 (-1.675); Feeder Cattle: $172.70 (-1.80); Hogs: $105.95 (+2.975); Milk: $21.70 (-0.72) (Confirmed cash trade for the week was mostly $137 in the South and $148 in the North)
CME GRAINS: Corn: $7.36 (-18.50); Soybeans: $15.7525 (-50.75); Wheat: $7.9375 (-37.50); Cotton: $101.38 (-4.00) (Soybeans down $1 since June 30th)
STOCK UPDATE: Dow 30: 30,967.82 (-129.44); Nasdaq: 11,322.24 (+194.39); S&P 500: 3,831.39 (+6.06) (Lower T-Note Yields Boost Technology Stocks)
ENERGY PRICES: Crude Oil: $99.71 (-8.72); Heating Oil: $3.5744 (-0.3645); Natural Gas: $5.495 (-0.235) (Crude Plunges on Dollar Strength and Recession Concerns)
MEATBOARD PM: Boxed Beef Choice: $264.66 (+0.84); Pork Carcass: $114.48 (+5.73); Chicken Breast: $298.12 (+3.64) (Pork highest since June 17th)
Boxed Beef PM: Choice: $264.66 (+0.84) Select: $239.87 (-0.60); Ch/Se Spread: $24.79 Total Loads: 109 compared to 101 on Friday (C/S spread widens past $24)
Red... Since Friday’s rally saw a monster drop of +5k contracts in August, it’s obvious a lot of short covering and some roll were responsible. August is discount to cash and June expired +$4 to August (The Beef)
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