Midwest Market Sol

#Pork AM -Cutout 71.90 +2.91. Belly 68.20 +4.44. Ham 65.11 +4.13. Loin 73.41 +.10, 175 loads #oatt

Boxed #Beef AM-Choice: 360.73, -.83. Select: 353.39, +1.07, 96 loads #oatt

Feeder #cattle index is down $5.45 to $337.31. Daily number is $327.16 on 2,743 head.#oatt

Packer margins are estimated at -$20/head #cattle #oatt

Private exporters reported the following sales activities: 101,000 metric tons of #corn for delivery to unknown destinations during the 2026/2027 marketing year 136,000 metric tons of #soybeans for delivery to China during the 2026/2027 marketing year.#oatt

September’s job number was also revised higher by +28,000 #jobs. Expectations for a December rate hike are rising on the news.#oatt

The US economy adds +165,000 jobs in October, well above expectations of +64,000. The #unemployment rate fell to 4.1%, below expectations of 4.2%.#oatt

Turkey issued an international tender for 295k tonnes of #corn, closing 11/12.#oatt

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

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

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