Enjoy premium access to today’s newsletter made possible by:

Henry Repeating Arms

- LIMITED PREMIUM ACCESS -

Click here to Upgrade Account

FRIDAY TRIVIA

MARKET REPORT

WEATHER 20/20 REPORT

AGRICULTURE

EFFICIENCY DRIVES SUSTAINABILITY DEBATE
SCREWWORM PREVENTION FOCUSES ON MANAGEMENT
SMALL PACKERS GAIN MARKET SHARE

FINANCE

DAILY REPORTING
MARKETS SIGNAL ECONOMIC DISCONNECT
CATTLE FUTURES HIT HARD
CHINA TARIFFS HAMMER AG EXPORTS

Introducing CattleChannel: A New Way to CattleUSA

FRIDAY TRIVIA

Join in on the fun!

Cast your vote below and stay tuned for the answer next Friday!

Scroll down for last week’s answer

When you stand at the Four Corners Monument, which four states can you be in at the same time?

Scroll Down for Last Week's Results— (5/15)

DAILY MARKET SUMMARY

_{Thursday, May 21}

AUCTION SUMMARY

OKC West Livestock

11,311 El Reno, OK

Wednesday

Feeder Steers - Medium & Large #1		Feeder Heifers - Medium & Large #1
600-700 lbs	410.00-435.00	500-600 lbs	395.00-440.00
700-800 lbs	371.00-403.00	600-700 lbs	345.00-385.00
800-900 lbs	339.00-366.50	700-800 lbs	325.00-370.00
900-1000 lbs	322.00-346.50	800-900 lbs	305.00-330.00
1000-1100 lbs	311.00-321.50	900-1000 lbs	292.50-320.00

Hub City Livestock

3,771 Aberdeen, SD

Wednesday

Feeder Steers - Medium & Large #1		Feeder Heifers - Medium & Large #1
500-600 lbs	477.00-521.00	500-600 lbs	443.00-495.00
600-700 lbs	428.00-470.00	600-700 lbs	393.00-429.00
700-800 lbs	418.00-449.00	700-800 lbs	365.00-398.50
800-900 lbs	352.00-384.00	800-900 lbs	323.00-358.00
900-1000 lbs	319.50-367.25	900-1000 lbs	303.50-331.00

Winter Livestock

2,115 Dodge City, KS

Wednesday

Feeder Steers - Medium & Large #1		Feeder Heifers - Medium & Large #1
500-600 lbs	462.00-471.00	400-500 lbs	440.00-471.00
600-700 lbs	404.00-441.00	500-600 lbs	390.00-430.00
700-800 lbs	350.00-385.00	600-700 lbs	345.00-360.00
800-900 lbs	352.50-366.75	700-800 lbs	340.00-358.00
900-1000 lbs	320.00-321.10	800-900 lbs	299.00-327.00

CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT

Thursday

Live Cattle		Change	Feeder Cattle		Change
Jun	249.150	4.125 ▼	May	369.125	1.600 ▼
Aug	239.350	5.950 ▼	Aug	356.525	9.250 ▼
Oct	230.950	5.825 ▼	Sep	353.375	9.250 ▼

CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS

Thursday

Corn		Change	Soy Beans		Change
Jul	4.6225	0.0350 ▼	Jul	11.9425	0.0550 ▼
Sep	4.6850	0.0400 ▼	Aug	11.9350	0.0575 ▼
Dec	4.8500	0.0425 ▼	Sep	11.7925	0.0600 ▼

KANSAS CITY BOARD OF TRADE

Thursday

Wheat		Change
Jul	6.8700	0.1175 ▼
Sep	6.9775	0.1150 ▼
Dec	7.1325	0.1025 ▼

ESTIMATED DAILY CATTLE SLAUGHTER

Thursday	109,000	Wednesday
Week Ago (est)	108,000	Steer & Heifer: 87,000
Year Ago (act)	117,000	Cow & Bull: 18,000
Wk To Date (est)	427,000
Last Week (est)	426,000
Last Year (est)	475,000

_{Thursday, May 21}

5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE

As of 10:00 am	Head Count	Avg Weight	Avg Price
Live Steer	2,769	1,545	264.35
Live Heifer	1,459	1,371	263.68
Dressed Steer	4,372	1,005	412.10
Dressed Heifer	94	906	415.00

DAILY ESTIMATED CUTOUT VALUES

600-900#	Choice	Select	*Choice/Select Spread*
Current Cutout Values:	391.48	385.65	5.83
Change from prior day:	-2.14 ▼	-5.48 ▼

DAILY CATTLE SLAUGHTER

Thursday	109,000	Wednesday
Week Ago (est)	108,000	Steer & Heifer: 87,000
Year Ago (act)	117,162	Cow & Bull: 18,000
Wk To Date (est)	427,000
Last Week (est)	426,000
Last Year (est)	474,733

_{Thursday, May 21}

This fast-paced, 30-minute webinar covers critical updates to Livestock Risk Protection (LRP), how the 2026 changes will impact producers, and how to strengthen your coverage strategy amid drought, natural disasters, and market volatility.

Whether you’re new to LRP, looking to better understand the 2026 updates, or preparing for an agency transfer, now is the time to act.

❝

You’ll learn:

2026 LRP updates, including changes for fed cattle and unborn calves
Clarifications to forage disaster exemptions for extended drought and natural disasters
Options to market cattle earlier under qualifying conditions without losing LRP eligibility
How PRF coverage complements drought-related risk management strategies
Updates to beginning farmer and rancher subsidies tied to recent legislation

Save your spot and strengthen your risk management approach!

Click Here to Calculate LRP Rates

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://cattleusainsurance.com/index/#about-us

Check us out on facebook and instagram

WEATHER 20/20 REPORT

TEMPERATURE FORECAST MAY 21-25

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!

Last Trivia Voting Results— (5/15)

ANSWER: On May 15, 1862, President Abraham Lincoln signed legislation to establish the United States Department of Agriculture and two and a half years later in his final message to Congress, Lincoln called USDA "The People's Department."

AGRICULTURE NEWS

FINANCE NEWS

CattleUSA Daily Podcast:

333: China’s Trade Deal Could Send Cattle Prices Exploding This Summer with Samantha Cozza-Wright

332: AI Is Coming for Agriculture and Most Cattle Producers Aren’t Ready with Gabe Wright

331: Connecting Consumers to Beef Takes More Than Independent Processing with Bobbie Rae Smith

If you or someone you know would be interested in hopping on the mic to share your story, please contact us at [email protected]. — Video streaming weekdays on YouTube @cattleusatv. Audio available on Spotify, Apple Podcasts & all major streaming platforms.

Join the CattleUSA Drive Community for full access to this post and other member-only content, including daily market reports, FCI, ag weather predictions, & more.