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May 13, 2020
Fed cattle cash trade occurred in the North at mostly $110 to $115 live and $170 to $185 dressed. Light trade in the South was primarily $110 to $115/cwt. Live cattle futures settled $1.32 to $3.30/cwt lower as the frontend lost the most. Feeder cattle futures closed $1.87 to $2.72/cwt softer, with the September contract falling the furthest. The CME feeder cattle index increased $0.41 to $123.52/cwt. Lean hogs finished $1.00 to $3.45/cwt softer with the nearby contracts giving up the most. The CME lean hog index increased $0.06 to $65.81/cwt. Corn ended down 4 cents, and soybeans lost 12-3/4 cents. KC wheat fell 15 cents in todays session.
Futures Market Summary
| Nearby Elec. Contract | Close | Change | High | Low |
| Live Cattle | $93.875 | ($3.300) | $98.850 | $93.475 |
| Feeder Cattle | $125.300 | ($2.000) | $127.475 | $124.925 |
| Lean Hogs | $68.000 | ($0.025) | $68.275 | $67.250 |
| Corn | $3.2025 | ($3.5000) | $3.2350 | $3.2000 |
| Soybean | $8.3600 | ($13.2500) | $8.4225 | $8.3600 |
USDA Beef Complex
| Item | Price | Change |
| Choice | $0.00 | $0.00 |
| Select | $0.00 | $0.00 |
| Drop Credit | $6.77 | $0.00 |