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Livestock SOLD: 50,765 Head
Escrow Transactions: $32+ Million
Monthly Online Users: 4,800+ Users
Montana Cattle Market Report
|Sold in||Kind/Sex||WT Range||Price Range||Ship Date|
|June||Yearling PVP STRS||940-1010||$166-$174||June-August|
|May-June||Pairs||Solid Mouth 8+ YOs||$1500-$1700||May-June|
Tuesday June 21st:
- Cattle Trade - Buyers are showing strong interest in buying calves early. Lower numbers will incite more competition among feeder buyers. Contact us if you are looking to get calves sold!
- Corn - $7.30 is an important level to maintain for both sides. This could create some choppy action around this level. Feels top heavy to me, be prepared for another breakdown. I expect corn production to be strong but worldwide demand is anticipated to be strong as well.
- Feeder Futures - Be prepared for the $172-$178 (Sep) & $174-$180 (Oct) range to stay intact. Bulls could get a win by posting some bids in the 180s to start the new uptrend.
- Live Futures - Bulls can keep the momentum going above last weeks highs $152.75/155.75 (Feb/Apr). Anticipating more upside but bulls could reload on a dip. Support remains at last weeks level of $151/$154 Feb/Apr.
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