Saturday 25th May 2024

A light trade developed at the end of the day on Friday. Live deals in Nebraska and Colorado were at $106.50, about $.50 higher than last week’s weighted averages. It’s been another week with a light to moderate trade taking place just about every day, all above the previous week’s weighted averages.   

At the Missouri Hay Market, hay business in the state has been slow.  But if dry conditions surface, it could improve hay business.  Pasture conditions in the state are in decent condition for the most part.  Alfalfa Supreme medium squares brought $180 to $225.  Small squares brought $7 to $9 per bale.  Alfalfa Premium medium squares brought $160 to $180.  Alfalfa good large rounds brought $120 to $160, small squares brought $5 to $7 per bale.  Alfalfa fair large rounds brought $100 to $125.  Alfalfa/Grass Mix, good/premium small squares brought $6 to $8 per bale.  Mixed grass, good/premium large rounds brought $80 to $120.  

Live and feeder cattle futures were lower on technical selling, despite the week’s higher direct cash cattle trade, getting ready for the USDA’s Cattle on Feed report.

    

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