Lots for Elite Auctions LLC - Monthly Horse Auction (350)

Live Event Starts: 1/29/22 2:00 PM (CST) in 1 day, 22 hours, and 36 minutes
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Lot 500
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Production Sale Videos (115)
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Denmark becomes first EU country to scrap all COVID-19 restrictions. Prime Minister Mette Frederiksen says country can find its ‘smile’ again.
REAL TIME PRICES: The largest STEER string (700-899#) sold on Wednesday was 261 steers (871#) from El Reno, Oklahoma at $156.25 (Click Here for more real-time prices)
REAL TIME PRICES: The largest CALF string sold in the last 7 days was 172 steers (449#) from Fallon, Nevada at $201.00 (Click Here for more real-time prices)
BEFORE THE BELL: U.S. stock index futures were little changed, while global shares were down, a day after the Federal Reserve stuck to plans for an interest rate increase in March and more policy tightening to curb high inflation (Reuters)
Dow forecast better-than-expected sales for the current quarter after its fourth-quarter profit and revenue beat estimates, helped by higher prices for its products as supplies remained tight amid strong demand (@Reuters)
McDonald's missed revenue expectations, as dismal sales in its more than 4,500 restaurants in Australia and China due to pandemic-related curbs ate into gains from growth in the United States in the fourth quarter (Reuters)
Feeder cattle supply tightens; Heifers account for 38% of feedlot inventory; US hog slaughter -10% on the year; Hog weights -2 pounds (AgriVisor)
GRAIN MARKETS: Managed money investors have started to carry more commodities in their portfolios which has been beneficial for corn, soybean, and wheat values at times. This has also caused an increase in market volatility with futures rallying then selling off with no traditional fundamental reason (AgriVisor)
U.S. CATTLE REPORT: Boxed beef down nearly $3; Daily drop down 14 cents; Slaughter up 6K from last week... (VIEW REPORT)
OKC WEST: The largest CALF string sold this week at OKC West was 43 steers (443#) at $210.00. The average price paid this week for the top 10 calf strings at OKC West was $190.75, compared to $168.65 last reported (VIEW REPORT)
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