Market Activity

Trading was steady to close out the week with $240 reported FOB Mo. River, ten loads. Porcine trading was reported steady as well out of the same market, $275 – 300 with some light action as high as $310.

The USDA released cattle on feed figures this afternoon showing a continued strong climate. Sep 1 cattle of feed totaled 10.5 million head, up 4% from September 2016. Feedlot placements in August were 1.93 million head, up 3% from August 2016 and…