Futures up

[rancher]

Most live cattle and feeder cattle futures contracts closed the day up after news of R-CALF's restraining order being granted was announced. The ruling was made public about 15 minutes prior to the Chicago Mercantile Exchange closed business for the day. On the live cattle side, April closed the day 30 points higher, at $86.80; June closed at $82.92, up 30 points; and August gained 15 points, closing at $79.95. The first three listed feeder cattle contracts all closed up 35 points. March settled at $100.32, April $99.22, and May at $98.32.

 

[Bull Burger]

Most live cattle and feeder cattle futures contracts closed the day up after news of R-CALF's restraining order being granted was announced. The ruling was made public about 15 minutes prior to the Chicago Mercantile Exchange closed business for the day. On the live cattle side, April closed the day 30 points higher, at $86.80; June closed at $82.92, up 30 points; and August gained 15 points, closing at $79.95. The first three listed feeder cattle contracts all closed up 35 points. March settled at $100.32, April $99.22, and May at $98.32.

Give 'em the whole story rancher. They were up Monday before border closing news. And they were up Tuesday before the news.

 

[rancher]

Just posted what I read, here is the link forgot it with the other

http://www.wlj.net/

 

[Bull Burger]

This was the day before:

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Bales Continental Commission Company Huron,SD
Feeder Cattle Weighted Average Report for 3/1/05

This week: 2104 Last week: 2710 Year ago: 2066

Compared to last week feeder steers and heifers sold steady to 2.00
higher. Steers made up 56 percent of the run, heifers 44 percent.
95 percent over 600 lbs.

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Sioux Fall, SD Tue Mar 1, 2005 USDA-SD Ag Market News

Jamestown Livestock Sales – Jamestown, ND

This week: 728 Last week: 640 Year ago: N/A

Due to light feeder receipts in conjunction with today's stock cow
sale, trend comparison not applicable, but a higher undertone noted.



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