Midwest Market Sol

Boxed #Beef AM-Choice: 361.71, -.79. Select: 353.90, -2.75, 62 loads #oatt

Packer margins are estimated at -$19.15/head #oatt #cattle

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

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

China accounted for 32.1 mb of this week's #soybean sales including 16.3 mb switched from an unknown destination.#oatt

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

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

Iowa/S. Minnesota weekly #hog weights for week ending October 31 came in at 293.5 pounds vs. 292.7 pounds last week and 291.6 pounds last year.#oatt

President @BrianHoops will be discussing the grain and livestock markets on @OfficialRFDTV at 8:15am this morning #oatt

#Crude oil stocks were down 0.865 mln bbls in the week ending October 30 and compared to an increase of 0.877 mln bbls expected. Compared to the five-year average, crude inventories moved to a deficit of 18.570 mln bbls from a deficit of 16.045 mln bbls last week.#oatt

Stocks fell 89,000 barrels to 24.434 million, versus an expected build to 24.705 million. Midwest production increased 28,000 barrels per day to 1.090 million, supporting #corn processing demand.#oatt

U.S. #ethanol production rose 25,000 barrels per day to 1.143 million for the week ended October 30, exceeding the entire survey range and topping expectations of 1.117 million #oatt

Feeder #cattle index is down $2.20 to $346.58. Daily number was $333.51 on 1,860 head.#oatt

Packer margins are estimated at -$21.50/head #oatt #cattle

Private exporters reported sales of 167,000 metric tons of #soybeans for delivery to Spain during the 2026/2027 marketing year.#oatt

Jordan issued a new international tender for up to 120k tonnes of optional-origin milling #wheat, closing next Tuesday (11/10), seeking Jan-Feb shipment; thet also made no purchase in their 120k-tonne barley tender closing this morning.#oatt

Early light country trade in Nebraska developed at $218.00 live and $340.00 dressed, down $7.00–$10.00 compared to last week’s averages. Early Southern light trade hovered near $215.00 live.#oatt