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FRIDAY TRIVIA
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
USDA UPDATES SCREWWORM RESPONSE PLAN
NEW RESEARCH BOOSTS CROP RESILIENCE
FARMERS BATTLE HIGH INPUT COSTS
FINANCE
DAILY REPORTING
WASDE SHOWS COMFORTABLE GRAIN SUPPLIES
OIL VOLATILITY RETURNS AMID CEASEFIRE
RETAIL INVESTORS BUY GOLD DIP
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Which legendary country music artist released an album titled, "The IRS Tapes: Who'll Buy My Memories?" to pay their tax debt?
Scroll Down for Last Week's Results— (4/3)
Thursday, April 09
AUCTION SUMMARY
OKC West Livestock
7,880 El Reno, OK
Wednesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 600-700 lbs | 400.00-445.00 | 500-600 lbs | 415.00-450.00 |
| 700-800 lbs | 373.00-407.50 | 600-700 lbs | 365.00-425.00 |
| 800-900 lbs | 348.50-375.00 | 700-800 lbs | 341.00-374.00 |
| 900-1000 lbs | 330.00-356.50 | 800-900 lbs | 325.00-350.00 |
| 1000-1100 lbs | 314.00-325.00 | 900-1000 lbs | 310.00-332.50 |
Hub City Livestock
5,579 Aberdeen, SD
Wednesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 487.00-511.00 | 500-600 lbs | 426.00-485.00 |
| 600-700 lbs | 426.00-463.00 | 600-700 lbs | 403.00-422.00 |
| 700-800 lbs | 381.00-440.50 | 700-800 lbs | 347.50-394.00 |
| 800-900 lbs | 360.00-384.50 | 800-900 lbs | 324.00-360.50 |
| 900-1000 lbs | 332.50-361.75 | 900-1000 lbs | 303.00-337.50 |
Huss Livestock
2,649 Kearney, NE
Wednesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 481.00-538.00 | 500-600 lbs | 447.00-463.00 |
| 600-700 lbs | 442.00-459.00 | 600-700 lbs | 380.00-435.50 |
| 700-800 lbs | 408.00-427.50 | 700-800 lbs | 348.00-354.50 |
| 800-900 lbs | 353.00-376.00 | 800-900 lbs | 345.00-350.00 |
| 900-1000 lbs | 342.00-354.00 | 900-1000 lbs | 318.50 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Thursday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Apr | 249.775 | 0.775 ▲ | Apr | 372.525 | 1.850 ▲ |
| Jun | 247.200 | 1.275 ▲ | May | 370.425 | 2.425 ▲ |
| Aug | 243.350 | 0.925 ▲ | Aug | 370.125 | 2.175 ▲ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Thursday
| Corn | Change | Soy Beans | Change | ||
| May | 4.4400 | 0.0325 ▼ | May | 11.6525 | 0.0325 ▲ |
| Jul | 4.5500 | 0.0300 ▼ | Jul | 11.8100 | 0.0300 ▲ |
| Sep | 4.5925 | 0.0250 ▼ | Aug | 11.7575 | 0.0250 ▲ |
KANSAS CITY BOARD OF TRADE
Thursday
| Wheat | Change | ||||
| May | 5.9050 | 0.0475 ▼ | |||
| Jul | 6.0575 | 0.0625 ▼ | |||
| Sep | 6.2025 | 0.0625 ▼ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Thursday | 105,000 | Wednesday |
| Week Ago (est) | 105,000 | Steer & Heifer: 90,000 |
| Year Ago (act) | 114,000 | Cow & Bull: 19,000 |
| Wk To Date (est) | 425,000 | |
| Last Week (est) | 429,000 | |
| Last Year (est) | 464,000 |
Thursday, April 09
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | 175 | 1,438 | 245.89 |
| Live Heifer | 698 | 1,301 | 246.00 |
| Dressed Steer | - | - | - |
| Dressed Heifer | - | - | - |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 381.09 | 381.57 | -0.48 |
| Change from prior day: | +1.43 ▲ | -0.70 ▼ |
DAILY CATTLE SLAUGHTER
| Thursday | 105,000 | Wednesday |
| Week Ago | 105,000 | Steer & Heifer: 90,000 |
| Year Ago (act) | 114,205 | Cow & Bull: 19,000 |
| Week To Date | 425,000 | |
| Same Period Last Week | 429,000 | |
| Same Period Last Year | 463,950 |
Thursday, April 09
Join us for a 30-minute interactive webinar built specifically for cow/calf producers looking to better understand and use Livestock Risk Protection (LRP).
We’ll walk through how LRP works, what’s actually at risk in your operation, and how to apply it in real-world scenarios.
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You’ll learn:
LRP fundamentals — what it is and how it works
What’s at risk in your operation and how to manage it
How to apply LRP in real-world scenarios
Price adjustment factors (calves vs. yearlings)
What basis risk is and why it matters
How to read and understand LRP quotes
Click here to connect with a CattleUSA Insurance representative
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results.
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THE UPDATED LRC MODEL PREDICTIONS
The LRC model, which extends forecasts out one full year, is now entering what we consistently refer to as its “sweet spot” of accuracy. With the pattern fully established and cycling consistently, confidence is significantly higher in how these segments will express themselves through late spring and early summer. This is where the LRC provides its greatest value — not just identifying trends, but pinpointing timing windows and regional impacts weeks to months in advance.… - Upgrade account to read the rest.
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