Livestock Markets
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Cattle 

Choice Fed Steers  

+2

150- 152 (last week)
 

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152

Dressed Basis        

+2
240 -241 (last week)
 

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241

Boxed Beef Cutout

+0.35

240.51    36 loads

Hogs 
Peoria, IL +1

80 - 82

Iowa Lean Average

+2.63

128.36

Sheep 

Finished Lambs                      (Billings, MT 3/17)

Steady

170 - 151
80-100 lb Feeder Lambs
(Billings, MT 3/17)           
 
Higher 205 - 213

Sl. Ewes                            (Billings, MT 3/17)   
 

-2 to 4
51 - 63

 

Livestock Futures Markets
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U.S. live and feeder cattle futures are trading mixed Monday. Last week, the USDA released this month's cattle-on-feed report which showed higher placements and lower marketings last month but still less cattle on actual feed versus a year ago.