Ag Forum Numbers

Cattle – Cash trades in KS/TX at 180 (-$1.50), cash bids in NE were at 183.50 but could be lowered -6155↔ Yesterday’s PM BB was choice +1.73 select -1.28 packer BE at 183.52, packer cushion $1.86↓ Yesterday’s cash trade in KS/TX came in at 180 which is down about $1.50 with last week’s average↔ Yesterday afternoon cash bids in NE were 183.50 which would be $3 over last week’s cash but some of those cash bids were lowered to 181 later in the afternoon which would be near steady↔ Futures finished yesterday splitting the difference in cash reports finishing by pricing in cash at 182↓ BB has been trending slightly lower putting light weight on futures from the fundamental side.

Corn Ag Forum numbers – Acreage as expected at 91.0, carryout at 2.532 slightly higher than expected.

Bean Ag Forum numbers – Planted acreage 87.5 a bit higher than expected, carryout at 0.435 also higher than expected.

Wheat Ag Forum numbers – Planted acreage at 47.0 as expected, carryout a fair amount aboveexpectations at 769.