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FRIDAY TRIVIA
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
FARMLAND VALUE RISES DESPITE CHALLENGES
FERTILIZER COSTS STRAIN FARMERS
FARM BUREAU OPPOSES RAIL MERGER
FINANCE
DAILY REPORTING
SOY EXPORTS PAUSED OVER INSPECTIONS
SOYBEANS LEAD MIXED COMMODITY MARKETS
STOCKS FALL AMID OIL SURGE
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Thursday, March 12
AUCTION SUMMARY
Hub City Livestock
7,295 Aberdeen, SD
Wednesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 475.00-530.00 | 500-600 lbs | 407.00-460.00 |
| 600-700 lbs | 396.00-437.00 | 600-700 lbs | 364.00-413.00 |
| 700-800 lbs | 357.00-405.00 | 700-800 lbs | 336.00-374.00 |
| 800-900 lbs | 334.50-367.50 | 800-900 lbs | 320.00-340.00 |
| 900-1000 lbs | 316.00-352.75 | 900-1000 lbs | 300.00 |
OKC West Livestock
6,587 El Reno, OK
Wednesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 600-700 lbs | 390.00-440.00 | 500-600 lbs | 380.00-440.00 |
| 700-800 lbs | 352.00-392.50 | 600-700 lbs | 346.00-385.00 |
| 800-900 lbs | 326.00-361.00 | 700-800 lbs | 320.00-346.50 |
| 900-1000 lbs | 306.00-329.00 | 800-900 lbs | 308.00-320.00 |
| 1000-1100 lbs | 296.00-309.50 | 900-1000 lbs | 295.00-298.00 |
Winter Livestock
3,383 Dodge City, KS
Wednesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 447.00-492.00 | 400-500 lbs | 411.00-484.00 |
| 600-700 lbs | 409.00-439.50 | 500-600 lbs | 430.00-453.00 |
| 700-800 lbs | 352.50-394.00 | 600-700 lbs | 352.50-405.00 |
| 800-900 lbs | 331.00-353.00 | 700-800 lbs | 317.50-345.75 |
| 900-1000 lbs | 322.00-330.75 | 800-900 lbs | 318.00-327.75 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Thursday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Apr | 231.250 | 1.100 ▲ | Mar | 348.225 | 0.500 ▼ |
| Jun | 229.375 | 1.300 ▲ | Apr | 343.000 | 0.300 ▼ |
| Aug | 227.275 | 1.100 ▲ | May | 339.925 | 0.100 ▲ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Thursday
| Corn | Change | Soy Beans | Change | ||
| Mar | 4.4825 | 0.0400 ▲ | Mar | 12.1300 | 0.1250 ▲ |
| May | 4.6250 | 0.0225 ▲ | May | 12.2725 | 0.1325 ▲ |
| Jul | 4.7400 | 0.0200 ▲ | Jul | 12.4000 | 0.1275 ▲ |
KANSAS CITY BOARD OF TRADE
Thursday
| Wheat | Change | ||||
| Mar | 6.0150 | unchanged | |||
| May | 6.1350 | unchanged | |||
| Jul | 6.2725 | unchanged | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Thursday | 108,000 | Wednesday |
| Week Ago (est) | 111,000 | Steer & Heifer: 82,000 |
| Year Ago (act) | 122,000 | Cow & Bull: 24,000 |
| Wk To Date (est) | 425,000 | |
| Last Week (est) | 433,000 | |
| Last Year (est) | 484,000 |
Thursday, March 12
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | 8,568 | 1,615 | 234.70 |
| Live Heifer | 4,215 | 1,418 | 235.05 |
| Dressed Steer | 9,164 | 1,021 | 372.05 |
| Dressed Heifer | 1,290 | 913 | 372.00 |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 397.09 | 390.82 | 6.27 |
| Change from prior day: | +0.39 ▲ | +1.57 ▲ |
DAILY CATTLE SLAUGHTER
| Thursday | 108,000 | Wednesday |
| Week Ago | 111,000 | Steer & Heifer: 82,000 |
| Year Ago (act) | 122,094 | Cow & Bull: 24,000 |
| Week To Date | 425,000 | |
| Same Period Last Week | 433,000 | |
| Same Period Last Year | 483,938 |
Thursday, March 12
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MARCH WEATHER CAN STILL DELIVER WINTER’S PUNCH
That anchor ridge we have been tracking in this year’s pattern is not moving much, and it continues to have a major influence on the weather across North America… - Upgrade account to read the rest.
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