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FRIDAY TRIVIA
MARKET REPORT
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AGRICULTURE
GPS SHIFT COULD IMPACT FARMS
DROUGHT LOANS OPEN ACROSS PLAINS
DIVERSIFIED FORAGES REDUCE DROUGHT RISK
FINANCE
DAILY REPORTING
HOUSE APPROVES YEAR-ROUND E15
GRAINS SLIDE ON CHINA CONCERNS
STOCKS RISE ON AI OPTIMISM
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Thursday, May 14
AUCTION SUMMARY
OKC West Livestock
11,009 El Reno, OK
Wednesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 600-700 lbs | 405.00-450.00 | 500-600 lbs | 400.00-440.00 |
| 700-800 lbs | 370.00-395.00 | 600-700 lbs | 350.00-395.00 |
| 800-900 lbs | 341.00-368.00 | 700-800 lbs | 327.50-360.00 |
| 900-1000 lbs | 320.50-345.00 | 800-900 lbs | 310.00-336.00 |
| 1000-1100 lbs | 307.50-318.00 | 900-1000 lbs | 301.00-310.00 |
Torrington Livestock
6,593 Torrington, WY
Wednesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 555.00-620.00 | 400-500 lbs | 525.00-565.00 |
| 500-600 lbs | 500.00-570.00 | 500-600 lbs | 465.00-475.00 |
| 600-700 lbs | 425.00-502.00 | 600-700 lbs | 375.00-433.00 |
| 700-800 lbs | 397.00-436.25 | 700-800 lbs | 359.00-382.00 |
| 800-900 lbs | 360.00-375.50 | 800-900 lbs | 339.00-363.00 |
Winter Livestock
3,688 Dodge City, KS
Wednesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 537.50-567.50 | 400-500 lbs | 460.00-534.00 |
| 500-600 lbs | 470.00-520.00 | 500-600 lbs | 407.50-457.50 |
| 600-700 lbs | 433.00-467.50 | 600-700 lbs | 354.00-398.00 |
| 700-800 lbs | 364.00-401.00 | 700-800 lbs | 344.00-368.75 |
| 800-900 lbs | 331.00-369.00 | 800-900 lbs | 307.00-336.50 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Thursday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Jun | 252.075 | 0.725 ▼ | May | 367.575 | 0.250 ▲ |
| Aug | 246.150 | 0.325 ▼ | Aug | 358.000 | 2.925 ▼ |
| Oct | 238.075 | 0.525 ▼ | Sep | 355.225 | 2.750 ▼ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Thursday
| Corn | Change | Soy Beans | Change | ||
| May | 4.5150 | 0.1500 ▼ | May | 11.7450 | 0.4075 ▼ |
| Jul | 4.6750 | 0.1325 ▼ | Jul | 11.9250 | 0.3650 ▼ |
| Sep | 4.7425 | 0.1300 ▼ | Aug | 11.8975 | 0.3375 ▼ |
KANSAS CITY BOARD OF TRADE
Thursday
| Wheat | Change | ||||
| May | 7.0275 | 0.1125 ▼ | |||
| Jul | 7.0525 | 0.1950 ▼ | |||
| Sep | 7.1600 | 0.2000 ▼ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Thursday | 108,000 | Wednesday |
| Week Ago (est) | 109,000 | Steer & Heifer: 89,000 |
| Year Ago (act) | 122,000 | Cow & Bull: 19,000 |
| Wk To Date (est) | 426,000 | |
| Last Week (est) | 422,000 | |
| Last Year (est) | 460,000 |
Thursday, May 14
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | 24,728 | 1,549 | 262.30 |
| Live Heifer | 10,916 | 1,363 | 261.78 |
| Dressed Steer | 9,648 | 1,020 | 410.32 |
| Dressed Heifer | 2,476 | 894 | 412.96 |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 387.45 | 389.00 | -1.55 |
| Change from prior day: | -1.23 ▼ | +0.42 ▲ |
DAILY CATTLE SLAUGHTER
| Thursday | 108,000 | Wednesday |
| Week Ago (est) | 109,000 | Steer & Heifer: 89,000 |
| Year Ago (act) | 121,535 | Cow & Bull: 19,000 |
| Wk To Date (est) | 426,000 | |
| Last Week (est) | 422,000 | |
| Last Year (est) | 460,262 |
Thursday, May 14
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