“Do something today that your future self will thank you for.”
– Sean Patrick Flanery
DAILY MARKET SUMMARY
FEEDER CATTLE INDEX
DAILY CATTLE & BEEF
DAILY FEEDER & STOCKER
DAILY LRP PREMIUMS
CATTLEUSA INSURANCE LOGIC AG MARKETING COMMENTARY
WEATHER 20/20 ENERGY & AG REPORT
FEBRUARY & SPRING INSIGHTS W/ GARY LEZAK
MARCH 1-4 FORECAST
AGRICULTURE:
TEXAS FARMERS ADVOCATE FOR AGRICULTURE POLICIES
ILLINOIS CATTLE INDUSTRY REMAINS STRONG
BEEFALO INDUSTRY REMAINS NICHE MARKET
FINANCE
DAILY REPORTING
ALUMINUM FUTURES SEE GROWING ADOPTION
SUPPLY CONCERNS RAISE OIL FUTURES
COMMODITY TRADERS ADAPT TO SHIFTS
Thursday, February 27
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | 210 | 1,451 | 197.00 |
| Live Heifer | 179 | 1,225 | 197.00 |
| Dressed Steer | - | - | - |
| Dressed Heifer | - | - | - |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 311.18 | 302.13 | 9.05 |
| Change from prior day: | -1.72 ▼ | -1.11 ▼ |
DAILY CATTLE SLAUGHTER
| Thursday | 118,000 | Wednesday |
| Week Ago | 117,000 | Steer & Heifer: 100,000 |
| Year Ago (act) | 121,714 | Cow & Bull: 22,000 |
| Week To Date | 457,000 | |
| Same Period Last Week | 447,000 | |
| Same Period Last Year | 490,155 |
Thursday, February 27
AUCTION SUMMARY
OKC West Livestock Auction
10,820 El Reno, OK
Wednesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 325.00-375.00 | 400-500 lbs | 350.00-400.00 |
| 600-700 lbs | 302.50-335.00 | 500-600 lbs | 300.00-360.00 |
| 700-800 lbs | 271.00-299.00 | 600-700 lbs | 258.00-310.00 |
| 800-900 lbs | 244.00-278.00 | 700-800 lbs | 251.00-272.50 |
| 900-1000 lbs | 235.00-257.00 | 800-900 lbs | 238.00-246.00 |
Hub City Livestock Auction
7,475 Aberdeen, SD
Wednesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 336.00-390.00 | 400-500 lbs | 335.00-372.50 |
| 600-700 lbs | 309.00-346.00 | 500-600 lbs | 307.00-343.00 |
| 700-800 lbs | 284.00-318.00 | 600-700 lbs | 285.00-316.00 |
| 800-900 lbs | 270.00-293.50 | 700-800 lbs | 259.00-281.50 |
| 900-1000 lbs | 263.00-279.75 | 800-900 lbs | 249.50-265.75 |
Huss Livestock Market
5,115 Kearney, NE
Wednesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 341.00-395.00 | 500-600 lbs | 298.00-337.50 |
| 600-700 lbs | 301.00-341.00 | 600-700 lbs | 280.00-307.00 |
| 700-800 lbs | 276.50-310.50 | 700-800 lbs | 262.50-281.00 |
| 800-900 lbs | 259.00-285.25 | 800-900 lbs | 242.00-259.00 |
| 900-1000 lbs | 251.75-270.75 | 900-1000 lbs | 229.00-237.00 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Thursday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Feb | 199.400 | 0.575 ▲ | Mar | 276.450 | 2.075 ▲ |
| Apr | 196.125 | 1.500 ▲ | Apr | 275.550 | 2.025 ▲ |
| Jun | 192.325 | 1.050 ▲ | May | 273.975 | 2.150 ▲ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Thursday
| Corn | Change | Soy Beans | Change | ||
| Mar | 4.6475 | 0.1350 ▼ | Mar | 10.2275 | 0.0175 ▼ |
| May | 4.8100 | 0.1250 ▼ | May | 10.3725 | 0.0400 ▼ |
| Jul | 4.8675 | 0.1175 ▼ | Jul | 10.5200 | 0.0425 ▼ |
KANSAS CITY BOARD OF TRADE
Thursday
| Wheat | Change | ||||
| Mar | 5.7125 | 0.1375 ▼ | |||
| May | 5.8525 | 0.1325 ▼ | |||
| Jul | 5.9750 | 0.1375 ▼ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Thursday | 118,000 | Wednesday |
| Week Ago (est) | 117,000 | Steer & Heifer: 100,000 |
| Year Ago (act) | 122,000 | Cow & Bull: 22,000 |
| Wk To Date (est) | 457,000 | |
| Last Week (est) | 447,000 | |
| Last Year (est) | 490,000 |
Thursday, February 27
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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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February Weather Insights & Upcoming Spring w/ Gary Lezak - CattleUSA Daily Pod
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