It appears cattle futures have run out of steam as the weakness on Wednesday nearly eliminated the gains of the week. The expectation for lower cash and weak boxed beef provides the pressure. Hog futures had nothing positive to influence traders with the continued weakness this week.
USDA Daily Market Rates 09/18 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES)
December corn is steady, November soybeans are down 4 cents, December KC wheat is up 1 1/4 cents, December Chicago wheat is up 2 1/4 cents, and MIAX December Minneapolis wheat is steady.
DTN Chart Technical Points 09/17 16:30 DTN FUTURES 10 9/17/25 SLOW STOCHASTIC
It was a lower-waning day for the livestock complex, where fundamental support neglected to show up, and that obviously affected how traders approached the futures complex today. A few sales were noted in the South in the fed cash cattle market, but the movement wasn't enough to say that any sort of trend has been established yet for the week.
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 09/17/25 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG
FARM MARKET NEWS - CORN REPORT FOR Wed, September 17 Exchange rate was 1.3703 down 0.0041
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, September 17 Exchange rate was 1.3703 down 0.0041
December corn closed down 2 3/4 cents per bushel at $4.26 3/4 and March corn was down 2 1/2 cents at $4.44 1/2. November soybeans closed down 6 cents at $10.43 3/4 and January soybeans were down 6 1/4 cents at $10.63 0/1.
