FRIDAY TRIVIA
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
NEW HOLLAND UNVEILS SMART SPRAYER
RESEARCH ADVANCES NITROGEN-EFFICIENT CORN
AI REVOLUTIONIZES MODERN AGRICULTURE PRACTICES
FINANCE
DAILY REPORTING
TARIFF UNCERTAINTY SLOWS WEALTHY INVESTORS
DOW, S&P 500, AND NASDAQ DROP
ECONOMIC GROWTH SLOW DOWN
Join in on the fun! Cast your vote below and see how you stack up!
Answer Reveal:
The answer drops next Friday—but want it early? Unlock Saturday’s edition with just 2 referrals! Share CattleUSA Drive with 2 friends and get exclusive access to the answer (and more) ahead of time! (see below for details)
Thursday, March 06
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | 896 | 1,381 | 195.79 |
| Live Heifer | 1,230 | 1,348 | 196.37 |
| Dressed Steer | 208 | 921 | 310.00 |
| Dressed Heifer | - | - | - |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 313.12 | 303.51 | 9.61 |
| Change from prior day: | -0.42 ▼ | +0.98 ▲ |
DAILY CATTLE SLAUGHTER
| Thursday | 122,000 | Wednesday |
| Week Ago | 118,000 | Steer & Heifer: 97,000 |
| Year Ago (act) | 122,649 | Cow & Bull: 23,000 |
| Week To Date | 467,000 | |
| Same Period Last Week | 457,000 | |
| Same Period Last Year | 486,969 |
Thursday, March 06
AUCTION SUMMARY
OKC West Livestock Auction
13,398 El Reno, OK
Wednesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 330.00-400.00 | 400-500 lbs | 310.00-405.00 |
| 600-700 lbs | 294.00-330.00 | 500-600 lbs | 282.00-355.00 |
| 700-800 lbs | 262.00-300.00 | 600-700 lbs | 259.50-300.00 |
| 800-900 lbs | 247.00-273.00 | 700-800 lbs | 241.00-270.00 |
| 900-1000 lbs | 247.00-255.50 | 800-900 lbs | 232.00-259.00 |
Hub City Livestock Auction
5,995 Aberdeen, SD
Wednesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 350.00-380.00 | 500-600 lbs | 297.50-333.00 |
| 600-700 lbs | 323.50-349.50 | 600-700 lbs | 270.00-315.00 |
| 700-800 lbs | 281.00-311.00 | 700-800 lbs | 256.00-285.00 |
| 800-900 lbs | 267.00-286.50 | 800-900 lbs | 240.00-255.50 |
| 900-1000 lbs | 256.50-272.25 | 900-1000 lbs | 240.00-243.50 |
Huss Livestock Market
4,088 Kearney, NE
Wednesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 355.00-378.00 | 400-500 lbs | 354.00 |
| 600-700 lbs | 308.00-343.00 | 500-600 lbs | 307.00-338.00 |
| 700-800 lbs | 284.00-311.00 | 600-700 lbs | 276.00-308.50 |
| 800-900 lbs | 268.00-281.75 | 700-800 lbs | 258.50-279.00 |
| 900-1000 lbs | 249.00-264.75 | 800-900 lbs | 235.00-254.50 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Thursday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Apr | 196.275 | 0.275 ▼ | Mar | 274.025 | 2.075 ▼ |
| Jun | 192.625 | 0.075 ▼ | Apr | 274.425 | 1.650 ▼ |
| Aug | 190.975 | 0.300 ▼ | May | 273.850 | 1.225 ▼ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Thursday
| Corn | Change | Soy Beans | Change | ||
| Mar | 4.4950 | 0.0925 ▲ | Mar | 10.1400 | 0.1625 ▲ |
| May | 4.6400 | 0.0825 ▲ | May | 10.2725 | 0.1550 ▲ |
| Jul | 4.7075 | 0.0750 ▲ | Jul | 10.3950 | 0.1450 ▲ |
KANSAS CITY BOARD OF TRADE
Thursday
| Wheat | Change | ||||
| Mar | 5.5150 | 0.0925 ▲ | |||
| May | 5.6575 | 0.0875 ▲ | |||
| Jul | 5.7950 | 0.0825 ▲ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Thursday | 122,000 | Wednesday |
| Week Ago (est) | 118,000 | Steer & Heifer: 97,000 |
| Year Ago (act) | 123,000 | Cow & Bull: 23,000 |
| Wk To Date (est) | 467,000 | |
| Last Week (est) | 457,000 | |
| Last Year (est) | 487,000 |
Thursday, March 06
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.
Review our full disclaimer at https://www.logicag.com/disclaimer
The chart below shows the day-by-day forecast for low temperatures for Iowa. We can see the return of the colder part of the northwest flow pattern that was predicted last year.
This chart was pulled from the Weather 20/20 Vision Dashboard which is a powerful tool that offers long-range weather predictions using the LRC (Lezak Recurring Cycle) model.
Join the CattleUSA Drive Community to unlock daily Weather 20/20 maps and insights
CattleUSA has teamed up with Weather 20/20 to bring you exclusive access to long-range weather forecasts using their patent-pending LRC methodology. Plan ahead with confidence and stay ahead of the weather—now at a special discounted rate for CattleUSA users!
-
Upgrade Your Account to Read the Rest!
Join the CattleUSA Drive Community for full access to this post and to subscriber-only content. Upgrade as a ‘CattleUSA User’ for $0.25 a day and stay ahead with the full picture.
-
-
Got thoughts on what we should tweak next? Reply to this email or message us at [email protected]—we’d love to hear from you!