Brian Hoops (@BrianHoops) header
Brian Hoops (@BrianHoops) profile picture

President at Midwest Market Solutions and Midwest Real Estate Solutions. Follow @midwestmarkets for more market info. There is a risk of loss in futures trading

Springfield, Mo
Joined April 2009
Photo by Brian Hoops (@BrianHoops)Photo by Brian Hoops (@BrianHoops)Photo by Brian Hoops (@BrianHoops)Photo by Brian Hoops (@BrianHoops)Photo by Brian Hoops (@BrianHoops)Photo by Brian Hoops (@BrianHoops)Photo by Brian Hoops (@BrianHoops)Photo by Brian Hoops (@BrianHoops)Photo by Brian Hoops (@BrianHoops)Photo by Brian Hoops (@BrianHoops)
Feeder cattle index was down $3.85 to $342.73. Daily number was $331.42 on 2,372 head #oatt
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The latest USDA steer carcass weights were down 3 pounds from last week at 991 pounds which is a year-over-year increase of 15 pounds #oatt
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Light cash fed cattle trade in both the North and the South today. The North traded cattle at steady to softer prices when compared to last week and the South traded cattle at $218 live which is $7 softer than last week #oatt
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Stone X estimates Argentine corn planting at 40% done vs. 37% last week, 39% last year and 32% on average #oatt
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Stone X estimates funds sold 18,000 corn; 10,000 soybeans; 2,000 meal; 9,000 bean oil and 10,000 wheat on Thursday #oatt
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Pork AM - Cutout 69.86 +.57 Belly 62.67 -4.68 Ham 63.44 +.80 Loin 72.88 -.62 217 loads
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Noon Market News - November 5, 2026 #oatt
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Boxed Beef AM- Choice: 361.71, -.79 Select: 353.90, -2.75 62 loads
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Packer margins are estimated at -$19.15/head #oatt
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A spokesman for China’s commerce ministry said they are open to buying more U.S. non-soy ag products but is dependent on the U.S. and China implementing an agreed-upon “$30 billion for $30 billion reciprocal tariff-reduction agreement.”
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China’s non-soy ag purchases in 2026 have totaled only $7.2 billion, far short of still-uncertain/un-clarified “agreement” President Trump claims they made to buy $17 billion of non-soy ag products annually.
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Net pork sales of 37,300 MT for 2026 were down 12 percent from the previous week, but up 5 percent from the prior 4-week average. Shipments were 35,200 mts #oatt
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Net beef sales of 11,000 MT for 2026 were unchanged from the previous week, but down 29 percent from the prior 4-week average. Shipments were 13,400 mts #oatt
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China accounted for 32.1 mb of this week's soybean sales including 16.3 mb switched from an unknown destination #oatt
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Weekly export sales for the week ending October 29 has wheat at 19.8 mb; corn at 51.0 mb and soybeans at 53.5 mb #oatt
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Bangladesh issued an international tender for 50k tonnes of milling wheat, with a deadline set for 11/22, and shipment sought for the 25 days after that #oatt
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I will be discussing the grain and livestock markets on @OfficialRFDTV at 8:15am this morning #oatt
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