Morning Thoughts – Dec 27

by | Dec 27, 2016 | Nesvick Trading Group

Livestock – Cash cattle news was quiet on Friday.  For the week it looks like sales were up about +$4 at $116.  Today cash activity should be limited to the distribution of showlists.  Initial asking prices should be around $118. The market will likely trade the...

Morning Thoughts – Dec 23

by | Dec 23, 2016 | Nesvick Trading Group

Livestock – Cash cattle business picked up yesterday and some prices were as much as +$4 on the week.  It looks like most cash business could be done for the week. The strong cash prices helped push LCG, the most active contract, to its highest level since...
Morning Thoughts – Dec 15

Morning Thoughts – Dec 15

by | Dec 15, 2016 | Nesvick Trading Group

Livestock – Other than on the Fed Cattle Exchange cash cattle sales were pretty quiet.  In my opinion, sales on the Fed Cattle Exchange were a bit of a disappointment.  The sales weighted average price was basically equal to last week, at $110.47 it was up $0.19...
Morning Thoughts – Nov 30

Morning Thoughts – Nov 30

by | Nov 30, 2016 | Nesvick Trading Group

Livestock – Cash cattle trade remains slow this week.  There was some very light trade of 84 heifers in NE at $170, near the low end of last week’s trade range.  Most action is probably waiting until today’s Fed Cattle Exchange is done. Cutout held together...