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FRIDAY TRIVIA

MARKET REPORT

WEATHER 20/20 REPORT

AGRICULTURE

TED TURNER LEAVES RANCHING LEGACY
TEXAS FACES GROWING WATER CHALLENGE
CYBERSECURITY RISKS GROWING ON FARMS

FINANCE

DAILY REPORTING
SOYOIL RALLY FUELS GRAIN MARKETS
BRAZIL BEEF IMPORTS DRAW SCRUTINY
STOCKS EASE AS OIL REBOUNDS

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DAILY MARKET SUMMARY

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_{Thursday, May 07}

AUCTION SUMMARY

OKC West Livestock

11,061 El Reno, OK

Wednesday

Feeder Steers - Medium & Large #1		Feeder Heifers - Medium & Large #1
600-700 lbs	406.00-470.00	500-600 lbs	407.50-450.00
700-800 lbs	377.00-395.00	600-700 lbs	357.00-412.50
800-900 lbs	349.00-379.00	700-800 lbs	336.00-364.00
900-1000 lbs	330.00-356.00	800-900 lbs	321.00-347.00
1000-1100 lbs	306.00-328.50	900-1000 lbs	307.50-323.25

Hub City Livestock

3,980 Aberdeen, SD

Wednesday

Feeder Steers - Medium & Large #1		Feeder Heifers - Medium & Large #1
500-600 lbs	495.00-527.50	500-600 lbs	436.00-455.00
600-700 lbs	430.00-469.00	600-700 lbs	397.50-433.00
700-800 lbs	394.50-436.00	700-800 lbs	360.00-393.00
800-900 lbs	357.00-400.00	800-900 lbs	324.00-362.00
900-1000 lbs	341.00-366.50	900-1000 lbs	317.00-321.00

Bloomfield Livestock

2,284 Bloomfield, IA

Wednesday

Feeder Steers - Medium & Large #1		Feeder Heifers - Medium & Large #1
400-500 lbs	522.50-590.00	400-500 lbs	473.00-540.00
500-600 lbs	497.50-552.50	500-600 lbs	427.50-485.00
600-700 lbs	430.00-474.00	600-700 lbs	367.50-427.00
700-800 lbs	385.25-421.00	700-800 lbs	325.00-374.00
800-900 lbs	368.25-388.00	800-900 lbs	325.00-330.00

CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT

Thursday

Live Cattle		Change	Feeder Cattle		Change
Jun	250.050	3.425 ▼	May	366.325	6.075 ▼
Aug	245.900	3.000 ▼	Aug	366.175	6.875 ▼
Oct	239.975	3.750 ▼	Sep	364.650	6.650 ▼

CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS

Thursday

Corn		Change	Soy Beans		Change
May	4.5275	unchanged	May	11.7700	0.0200 ▼
Jul	4.6750	0.0100 ▼	Jul	11.9225	0.0250 ▼
Sep	4.7425	0.0075 ▼	Aug	11.8675	0.0225 ▼

KANSAS CITY BOARD OF TRADE

Thursday

Wheat		Change
May	6.5475	0.2100 ▼
Jul	6.6725	0.1975 ▼
Sep	6.7875	0.1975 ▼

ESTIMATED DAILY CATTLE SLAUGHTER

Thursday	109,000	Wednesday
Week Ago (est)	110,000	Steer & Heifer: 89,000
Year Ago (act)	121,000	Cow & Bull: 19,000
Wk To Date (est)	422,000
Last Week (est)	434,000
Last Year (est)	468,000

_{Thursday, May 07}

5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE

As of 10:00 am	Head Count	Avg Weight	Avg Price
Live Steer	513	1,436	255.76
Live Heifer	868	1,398	255.49
Dressed Steer	438	1,037	400.00
Dressed Heifer	71	984	400.00

DAILY ESTIMATED CUTOUT VALUES

600-900#	Choice	Select	*Choice/Select Spread*
Current Cutout Values:	386.94	384.42	2.52
Change from prior day:	-2.68 ▼	-5.21 ▼

DAILY CATTLE SLAUGHTER

Thursday	109,000	Wednesday
Week Ago (est)	110,000	Steer & Heifer: 89,000
Year Ago (act)	121,295	Cow & Bull: 19,000
Wk To Date (est)	422,000
Last Week (est)	434,000
Last Year (est)	468,428

_{Thursday, May 07}

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WEATHER 20/20 REPORT

THE LRC LONG RANGE FORECAST

❝

The LRC dashboard correctly identified the recent freeze and frost threat — another forecast that was projected roughly 100 days in advance back in January. When viewed together, these back-to-back forecasts help illustrate something important: the LRC model was not simply highlighting one isolated event, but rather a broader sequence of recurring weather patterns that included both the freeze/frost setup and the May snowstorm. Upgrade account to read the rest.

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Last Trivia Voting Results— (5/1)

ANSWER: From its beginning in Chicago, Route 66 moved southwest through Illinois and Missouri, and a small section of southeast Kansas. From there it turned in a more westward direction through Oklahoma and Texas, with the final stretches in New Mexico and Arizona before its termination point in Los Angeles.

AGRICULTURE NEWS

FINANCE NEWS

CattleUSA Daily Podcast:

324: Inside the DOJ Briefing on Foreign Control of the Cattle Industry with John Campbell

323: Drought Is Catching Up to the Cattle Market — Just Like We Expected with Samantha Cozza-Wright

322: Turning Veterans Into Cowboys — A Mission to Rebuild Agriculture with Jeremy Clark

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