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FRIDAY TRIVIA
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
INTENTIONAL RANCHING DRIVES GROWTH
DAIRY H-2A ACCESS EXPANDED
FORAGE SOYBEANS FILL SUMMER GAP
FINANCE
DAILY REPORTING
AG TRADE DEFICIT NARROWS
CATTLE AWAIT KEY REPORTS
WEATHER KEEPS GRAIN PRESSURE ON
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Scroll Down for Last Week's Results— (6/12)
JUNE 18
On Feed June 1 - 102%
Placed during May - 90%
Marketed During May - 88%
United States Cattle on Feed Up 2 Percent, (NASS, USDA, June 18, 2026)
Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.7 million head on June 1, 2026. The inventory was 2 percent above June 1, 2025.
Placements in feedlots during May totaled 1.70 million head, 10 percent below 2025. Net placements were 1.65 million head. During May, placements of cattle and calves weighing less than 600 pounds were 320,000 head, 600-699 pounds were 240,000 head, 700-799 pounds were 400,000 head, 800-899 pounds were 444,000 head, 900-999 pounds were 225,000 head, and 1,000 pounds and greater were 75,000 head.
Marketings of fed cattle during May totaled 1.55 million head, 12 percent below 2025. Marketings were the second lowest for May since the series began in 1996.
Other disappearance totaled 55,000 head during May, 11 percent below 2025.
Thursday, June 18
AUCTION SUMMARY
OKC West Livestock
8,309 El Reno, OK
Wednesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 600-700 lbs | 400.00-450.00 | 500-600 lbs | 375.00-435.00 |
| 700-800 lbs | 374.00-407.50 | 600-700 lbs | 367.50-405.00 |
| 800-900 lbs | 350.00-380.00 | 700-800 lbs | 344.00-375.00 |
| 900-1000 lbs | 328.50-353.00 | 800-900 lbs | 327.50-347.50 |
| 1000-1100 lbs | 322.00-334.00 | 900-1000 lbs | 307.50-325.50 |
Hub City Livestock
3,403 Aberdeen, SD
Wednesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 472.00-502.50 | 500-600 lbs | 425.00-459.00 |
| 600-700 lbs | 422.00-476.00 | 600-700 lbs | 379.00-408.00 |
| 700-800 lbs | 392.00-422.50 | 700-800 lbs | 364.00-380.00 |
| 800-900 lbs | 354.50-385.00 | 800-900 lbs | 324.00-338.00 |
| 900-1000 lbs | 338.25-357.50 | 900-1000 lbs | 311.00-330.00 |
Huss Livestock
2,950 Kearney, NE
Wednesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 600-700 lbs | 409.00-447.00 | 400-500 lbs | 484.00-541.00 |
| 700-800 lbs | 402.00-430.50 | 500-600 lbs | 408.00-472.00 |
| 800-900 lbs | 355.50-375.00 | 600-700 lbs | 362.00-401.00 |
| 900-1000 lbs | 344.00-366.25 | 700-800 lbs | 357.00-378.50 |
| 1000-1100 lbs | 352.00 | 800-900 lbs | 339.50-360.25 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Thursday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Jun | 254.800 | 0.925 ▼ | Aug | 366.600 | 0.825 ▼ |
| Aug | 246.625 | 2.225 ▼ | Sep | 364.675 | 0.975 ▼ |
| Oct | 239.975 | 1.875 ▼ | Oct | 361.750 | 1.100 ▼ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Thursday
| Corn | Change | Soy Beans | Change | ||
| Jul | 4.1750 | 4.1750 ▼ | Jul | 11.2275 | 0.0925 ▼ |
| Sep | 4.2525 | 0.0425 ▼ | Aug | 11.2825 | 0.0850 ▼ |
| Dec | 4.4400 | 0.0475 ▼ | Sep | 11.2850 | 0.0800 ▼ |
KANSAS CITY BOARD OF TRADE
Thursday
| Wheat | Change | ||||
| Jul | 6.4400 | 0.0850 ▼ | |||
| Sep | 6.5125 | 0.0850 ▼ | |||
| Dec | 6.6575 | 0.0800 ▼ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Thursday | 109,000 | Wednesday |
| Week Ago (est) | 105,000 | Steer & Heifer: 89,000 |
| Year Ago (act) | 117,000 | Cow & Bull: 20,000 |
| Wk To Date (est) | 426,000 | |
| Last Week (est) | 421,000 | |
| Last Year (est) | 449,000 |
Thursday, June 18
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | - | - | - |
| Live Heifer | - | - | - |
| Dressed Steer | 76 | 945 | 410.00 |
| Dressed Heifer | 120 | 882 | 407.00 |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 393.92 | 374.75 | 19.17 |
| Change from prior day: | -0.58 ▼ | -2.51 ▼ |
DAILY CATTLE SLAUGHTER
| Thursday | 109,000 | Wednesday |
| Week Ago (est) | 105,000 | Steer & Heifer: 89,000 |
| Year Ago (act) | 116,981 | Cow & Bull: 20,000 |
| Wk To Date (est) | 426,000 | |
| Last Week (est) | 421,000 | |
| Last Year (est) | 449,239 |
(No LRPs published 6/18 due to CoF report)
Thursday, June 18
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Last Trivia Voting Results— (6/12)
ANSWER: Frank Wisner, the owner of Cripple Creek Cow Mountain Gold Mining Company in Colorado, is generally credited with inventing the root beer float… He noticed the moon shining over the snow-capped Cow Mountain and was reminded of a scoop of ice cream. Reportedly, the sight inspired him to drop scoops of vanilla ice cream into Myers Avenue Red Root Beer the next day… The locals quickly became fans and the drink was originally known as the “Black Cow.”
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