.
Harvest 2018 is nearly complete, and here at Ceres Midland it was a record breaking event. Farm bins are full and while some
Elevators got full we were fortunate that our grain trains arrived timely making it possible for us to remain open every day.  

 Now a good solid marketing plan is required to market these bushels.
We can help with well thought out plans for each on an individual basis.

With the Holidays rapidly approaching we want to give thanks for all of our family and friends. It has been
a pleasure working with all of you.




 

 

            
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  Sunday, December 9, 2018   
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DTN Early Word Opening Livestock       12/07 05:58
   Cattle Paper to Open Mixed as Traders Wait for the Determination of Packer
Spending

   Live and feeder futures seem staged to open mixed thanks to a slow and
cautious combination of short-covering and cash monitoring. Lean hog issues
should also open with uneven price action as traders puzzle over the ability of
late-year pork demand to handle record tonnage.

By John Harrington
DTN Livestock Analyst



Cattle: Steady-$1 HR   Futures: Mixed   Live Equiv: $139.37  + .12*
Hogs:   Steady         Futures: Mixed   Lean Equiv: $ 76.94  + .42**

* based on formula estimating live cattle equivalent of gross packer revenue
** based on formula estimating lean hog equivalent of gross packer revenue

GENERAL COMMENTS:

   If it's Friday, it must be time to trade cattle. At least that's the
schedule we've followed for a large part of the fourth quarter. The big
question is just "how big" the gulf between bids (e.g., $112 to $114 in the
South) and asking prices ($120 in the South) will be. Live and feeder futures
are set to open on a mixed basis as buyers and sellers jockey around late-week
cash prospects.
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