Lot j1354

Forster Farms - 43rd Annual Production Sale
Live Event Started: 1/29/22 1:00 PM (CST)

Bidding

Sold For $3,500.00

U.S. CATTLE REPORT: Live sales up $1 in Texas and Kansas; Drought gets worse, low-water levels impacting barge traffic; Boxed beef up slightly, loads over 200; 54 steers (340#) from Ogallala, NE at $261.50
NATIONAL CATTLE TRACKER: The largest steer and heifer string sold on Thursday was 212 steers (629#) from Stanford, Kentucky at $187.00. The second largest string was 141 steers (700#) from Stanford, Kentucky at $187.00
NATIONAL STEER TRACKER: The largest steer string sold on Thursday on the National Steer Tracker (700-899#) was 141 steers (700#) from Stanford, Kentucky at $187.00. The average price for the top 10 steer strings sold on Thursday was $174.68, compared to $173.56 on Wednesday
Boxed Beef PM: Choice: $247.36 (+0.30) Select: $216.99 (-2.23); Ch/Se Spread: $30.37; Total Loads: 208 compared to 169 on Wednesday
U.S. EXPORT SALES: Corn sales at 227K mt; Beef at 16.4K mt
DROUGHT MONITOR: Low water levels are impacting barge traffic on the Mississippi River during the harvest, a crucial time
USDA estimates daily cattle slaughter at 127K head, compared to 127K last week and 121K last year. WTD slaughter at 510K head, compared to 507K last week and 484K last year (Thu)
CME LIVESTOCK: Live Cattle: $147.875 (-0.05); Feeder Cattle: $176.425 (-0.90); Hogs: $77.775 (+1.275); Milk: $21.89 (+0.05)
CME GRAINS: Corn: $6.755 (-8.50); Soybeans: $13.58 (-11.75); Wheat: $8.79 (-23.00); Cotton: $82.90 (-0.33)
STOCK UPDATE: Dow 30: 29,926.94 (-346.93); Nasdaq: 11,073.31 (-75.33); S&P 500: 3,744.52 (-38.76) (Stocks Fall As Bond Yields Rise On Hawkish Fed Comments)
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