Market Report for Wednesday, May 14, 2008
Denfield Livestock Report for Tuesday, May 13, 2008
Livestock sales traded on a good demand at prices $2.00 to $3.00 higher on all classes of fed cattle, with the fancy cattle bringing premium prices.
Choice Steers $90.00 to $92.00
Good Steers $85.00 to $89.00
Choice Exotic Cross Heifers $90.00 to $93.00
Good Heifers $85.00 to $88.00
Packer Rail Grade Report for Wednesday, May 14, 2008
Steers $148.00 - $151.00, Heifers $144.00 - $150.00
Eastern US Bids for Ontario
Ranged $148.00 to $154.00 US dollars, $1.00 higher
Chicago Mercantile Exchange for Wednesday, May 14, 2008
June live cattle closed at $94.62, up $0.27
August live cattle closed at $100.22, up $0.25
May feeder cattle closed at $108.45, down $0.30
August feeder cattle closed at $112.75, up $0.10
Chicago Board of Trade Wednesday, May 14, 2008
July corn closed at $5.96 and ¼, down 11 cents
December corn closed at $6.20 and ½, down 10 and ½ cents
(Old crop)November soybeans closed at $13.33 even, up 7 and ¼ cents
(New crop)November soybeans closed at $13.33 even, up 7 and ¼ cents
Dried Distillers Grains
FOB Chatham $200.00 per tonne
FOB Windsor $186.00 per tonne
FOB Sarnia $200.00 per tonne
The Canadian dollar was down $0.0015,with the Bank of Canada posting a closing exchange rate of $0.9957 US on Wednesday, May 14, 2008.
*Prices and quotes subject to change.