Tuesday, April 27, 2021

Long-Acting Dewormers Can Boost Weaning Weights; Baldie Calf Brings Smiles to Memory Care Residents

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Cattlelink News

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Comparing Costs

Higher Weaning Weights Tied to Long-Acting Dewormers

4/26/2021 | 10:32 AM CDT

Costs of long-acting dewormers can discourage use, but one producer penciled out the rate of return and said the numbers worked for him.

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Fond Memories

Memory Care Home Helps Residents Relive Their Years on the Farm

4/26/2021 | 10:29 AM CDT

Ask the Vet

What Seems Like Mastitis May Be Short-Term Problem

4/26/2021 | 10:27 AM CDT

Location Determines Forage Condition

Northern, Southern Plains Dry; Central Plains, Midwest See More Moisture

4/26/2021 | 10:26 AM CDT

Sort & Cull

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Feeder Cattle Contracts Suffer Amid Rallying Corn Prices

4/26/2021 | 3:59 PM CDT

Regardless of what corn prices did last week, what they'll do this week or what they could do in the weeks to come, every...

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Today's Market View

CattleLink Market View

4/26/2021 | 8:59 AM CDT

Live Cattle: Last week was a gruesome week for the live cattle complex as the week traded lower amid higher boxed beef prices and a rigorous slaughter schedule. The downward pressure didn't lend any favors to the cash cattle market, which traded $4 lower in both the Northern and Southern Plains.

Feeder Cattle: The corn market's rally really killed the feeder cattle market's momentum. With cost of gains sharply increasing cattle buyers had to step away from sales until they can better understand the long-term trajectory of the feeder cattle complex.

Lean Hogs: Throughout the week, the lean hog contracts fought some mixed pressure but largely managed to close higher once again. Until domestic demand subsides, the market will continue to be supported.

Soybean Meal: July soybean meal finished up $19.40 per ton in the past week, rallying sharply along with soybeans and oil as tight stocks and formidable demand continues to support the soy complex.

Corn: July corn futures skyrocketed to a 58 3/4-cent weekly gain, as tight stocks, fund demand and bullish Brazilian basis pushed values sharply.

(c) Copyright 2021 DTN, LLC. All rights reserved.

Futures Overview

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Contract Month Last Chg
ELEC. LIVE CATTLE[10]
Apr-21
Jun-21
118.500s
116.275s
0.650
0.550
ELEC. FEEDER CATTLE[10]
Apr-21
May-21
132.750s
137.275s
-1.100
-0.400
ELEC. LEAN HOGS[10]
May-21
Jun-21
109.250s
106.850s
-0.100
1.125
ELEC. MILK CLASS III[10]
Apr-21
May-21
---
19.24
---
-0.04
ELEC. CORN[10]
May-21
Dec-21
720'0
584'4
39'4
16'2
ELEC. SOYBEANS[10]
May-21
Nov-21
1590'6
1374'6
21'6
12'6
ELEC. SOYBEAN MEAL[10]
May-21
Jul-21
432.2
434.0
3.4
2.5
ELEC. WHEAT[10]
May-21
Dec-21
766'2
761'2
26'6
20'2
Tue, Apr 27, 2021 5:25 AM CDT
Quotes are market time
Delay is included in brackets

Local Forecast

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IL Kelsey Road (162003), IL
Today 6 AM 10 AM 2 PM 6 PM
Sky Cover
Temp 63N/A 70N/A 78N/A 75N/A
Wind Spd 9 11 8 8
Wind Dir SW WSW WSW WSW
Precip % - - - -
Today
79N/A
63N/A
Wed
65N/A
52N/A
Thu
61N/A
49N/A
Fri
61N/A
44N/A
Sat
72N/A
47N/A
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