DTN CATTLE PRICES/TRENDS 06/19 11:10 HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
DTN Chart Technical Points 06/18 16:30 DTN FUTURES 10 6/18/25 SLOW STOCHASTIC
The livestock complex bounced around throughout Wednesday's trade but was able to close the day on a mostly higher note. A light movement of cattle was traded in the North at $376, which is $3.00 to $4.00 lower than last week's weighted average.
FARM MARKET NEWS - CORN REPORT FOR Wed, June 18 Exchange rate was 1.3657 up 0.0073
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, June 18 Exchange rate was 1.3657 up 0.0073
July corn closed up 2 cents and December corn was up 5 1/4 cents. July soybeans closed up 3/4 cents and November soybeans were up 1/2 cents. July KC wheat closed up 23 1/2 cents, July Chicago wheat was up 25 1/4 cents, July MIAX Minneapolis wheat was up 15 1/2 cents.
The cotton market was decisively lower Wednesday as its trend and sentiment remain decidedly bearish.
Cottonseed Prices 06/18 Last June June-Aug
The livestock complex is again trading mostly lower as traders remain cautious when it comes to overly supporting the livestock markets right now. Still no cash cattle trade has developed. July corn is steady and July soybean meal is steady.
Corn futures are 1 to 5 cents higher at midday Wednesday; soybean futures are 3 to 4 cents higher; wheat futures are 13 to 18 cents higher. The U.S. stock market is firmer with the S&P 25 points higher.
