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FRIDAY TRIVIA

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Which U.S. state has the largest number of cattle?

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Last Week’s Results— (3/14)

Answer: Union Stock Yards, Chicago, IL, est.1865

The Great Union Stock Yards of Chicago, Bird’s Eye View, 1870-1880. Library of Congress.

“The late 1800s saw a significant increase in the number of livestock auction barns throughout the United States. They were particularly prevalent in the Midwest, where agriculture was booming. Many of these barns were owned and operated by the farmers themselves, who saw the value in pooling their resources to sell their livestock.

The first sale barn of this type in the US was the Union Stock Yards in Chicago, which opened in 1865. It quickly became the largest livestock market in the world, with over 600 acres of land dedicated to selling livestock.

Sale barns began popping up all over the country, with notable examples including:

- Fort Worth Stockyards - Texas: Established in 1866, the Fort Worth Stockyards became the largest livestock market in the Southwest.

- South St. Paul Stockyards - Minnesota: Established in 1886, this sale barn was one of the largest in the Midwest, handling over 3 million head of cattle each year.

- National Stockyards - Illinois: Established in 1870, the National Stockyards in East St. Louis, Illinois, became the largest livestock market east of the Mississippi River.

- Kansas City Stockyards - Missouri: Established in 1871, the Kansas City Stockyards were once the second-largest stockyards in the country, handling over 2 million head of cattle each year.

- Union Stockyards - Nebraska: Established in 1883, the Union Stockyards in Omaha were once the largest livestock market in the world, covering over 400 acres and handling over 5 million head of cattle each year.

- Eastern Livestock Company - Kentucky: This company operated several livestock auction/sale barns throughout the Eastern United States, including one in New Holland, Pennsylvania that was once the largest auction in the world.” - continue reading

- Clint Fischer, The Gravel Road

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DAILY MARKET SUMMARY

Thursday, March 20

5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE

As of 10:00 amHead CountAvg WeightAvg Price
Live Steer 64 1,525 202.00
Live Heifer - - -
Dressed Steer - - -
Dressed Heifer - - -

DAILY ESTIMATED CUTOUT VALUES

600-900#ChoiceSelectChoice/Select Spread
Current Cutout Values: 328.06 309.36 18.70
Change from prior day: -1.55 +0.68  

DAILY CATTLE SLAUGHTER

Thursday 114,000 Wednesday
Week Ago 121,000 Steer & Heifer: 68,000
Year Ago (act) 115,773 Cow & Bull: 21,000
Week To Date 440,000  
Same Period Last Week 483,000  
Same Period Last Year 470,673  

Thursday, March 20

AUCTION SUMMARY

OKC West Livestock Auction

9,519 El Reno, OK

Wednesday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
600-700 lbs307.50-345.00400-500 lbs315.00-380.00
700-800 lbs283.00-320.00500-600 lbs315.00-335.00
800-900 lbs254.00-294.00600-700 lbs288.00-307.00
900-1000 lbs252.50-270.00700-800 lbs259.00-288.00
1000-1100 lbs230.00-259.00800-900 lbs253.00-263.00

Hub City Livestock Auction

5,744 Aberdeen, SD

Wednesday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
500-600 lbs352.50-402.50400-500 lbs349.00-373.00
600-700 lbs338.00-369.00500-600 lbs323.00-360.00
700-800 lbs281.00-335.25600-700 lbs279.50-320.00
800-900 lbs270.50-299.25700-800 lbs272.00-293.00
900-1000 lbs253.00-276.50800-900 lbs274.53-279.00

Huss Livestock Market

2,714 Kearney, NE

Wednesday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
600-700 lbs331.00-351.00500-600 lbs305.00-315.00
700-800 lbs296.00-320.00600-700 lbs297.00-314.00
800-900 lbs279.00-292.50700-800 lbs271.00-287.00
900-1000 lbs269.50-281.60800-900 lbs260.00-266.25
1000-1100 lbs261.50-263.00900-1000 lbs240.00-251.50

CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT

Thursday

Live Cattle Change  Feeder Cattle Change
Apr 208.475 1.650 Mar 288.350 1.525
Jun 205.025 2.175 Apr 288.450 1.725
Aug 201.825 1.750 May 289.100 1.600

CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS

Thursday

Corn Change  Soy Beans Change
May 4.6900 0.0700 May 10.1300 0.0475
Jul 4.7550 0.0625 Jul 10.2525 0.0375
Sep 4.4750 0.0225 Aug 10.2025 0.0225

KANSAS CITY BOARD OF TRADE

Thursday

  Wheat Change
  May 5.8650 0.0825
  Jul 6.0100 0.0775
  Sep 6.1600 0.0750

ESTIMATED DAILY CATTLE SLAUGHTER

Thursday 114,000 Wednesday
Week Ago (est)121,000 Steer & Heifer: 68,000
Year Ago (act)116,000 Cow & Bull: 21,000
Wk To Date (est)440,000  
Last Week (est)483,000  
Last Year (est)471,000  

Thursday, March 20

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WEATHER 20/20 REPORT

The Weather 20/20 Crystal Ball made another prediction using knowledge of the cycling pattern. Last week’s storm was predicted by Weather 20/20 35-days ago in our Severe Weather Guide. Here is that prediction:

Now here is the same prediction map overlayed with actual storm reports from March 14-17. There are those on social media praising the Storm Prediction Center for their one and two day predictions, so keep in mind the Weather 20/20 forecast was made 35-days before the horrific severe weather outbreak, dust storms, and blizzards.

Each dot on this map above shows a severe weather report, the damaging winds, large hail, flooding, and tornado reports. Our prediction wasn’t perfect, but it was close. If the LRC was in wide use, then one benefit is in lives saved. If the region predicted to have a severe weather outbreak got the LRC warnings weeks to months in advance, then perhaps a few people would have planned differently and had been better prepared. Lives would have been saved through this advanced warning, and businesses could have been prepared for this event, at least with a plan in place without scrambling around at the last minute which is what usually happens with just a day to days notice.

The weather pattern is cycling at close to every six weeks or so. That means this part of the pattern will cycle back through in late April. Here is the prediction also made and just updated for the late April timeframe:

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