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MONDAY MEME

MARKET REPORT

WEATHER 20/20 REPORT

AGRICULTURE

  • US EXPANDS SCREWWORM ERADICATION EFFORT

  • PRECISION TECH RESHAPES MODERN FARMING

  • VIRTUAL FENCES PROTECT LIVESTOCK NATURALLY

FINANCE

  • DAILY REPORTING

  • FED: TARIFFS BEGIN TO BITE

  • MARKETS EYE IRAN-ISRAEL CONFLICT

  • WHEAT PAUSES, CATTLE CLIMBS HIGHER

MONDAY MEME

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CATTLE ON FEED REPORT - JUNE 20

On Feed June 1 - 99%

Placed during May - 92%

Marketed During May - 90%

United States Cattle on Feed Down 1 Percent, (NASS, USDA, June 20, 2025)

Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.4 million head on June 1, 2025. The inventory was 1 percent below June 1, 2024.

Placements in feedlots during May totaled 1.89 million head, 8 percent below 2024. Net placements were 1.82 million head. During May, placements of cattle and calves weighing less than 600 pounds were 335,000 head, 600-699 pounds were 275,000 head, 700-799 pounds were 450,000 head, 800-899 pounds were 516,000 head, 900-999 pounds were 230,000 head, and 1,000 pounds and greater were 80,000 head.

Marketings of fed cattle during May totaled 1.76 million head, 10 percent below 2024.

Other disappearance totaled 62,000 head during May, unchanged from 2024.

DAILY MARKET SUMMARY

Friday, June 20

AUCTION SUMMARY

Apache Livestock Auction

1,818 Apache, OK

Thursday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
500-600 lbs365.00-388.00400-500 lbs362.50-380.00
600-700 lbs322.50-347.50500-600 lbs327.00-332.50
700-800 lbs313.00-324.50600-700 lbs295.00-327.50
800-900 lbs300.75700-800 lbs-
900-1000 lbs283.00-298.25800-900 lbs267.00

Cattlemen's Livestock Auction

2,109 Dalhart, TX

Thursday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
500-600 lbs350.00-401.00400-500 lbs370.00
600-700 lbs330.00-360.00500-600 lbs335.00-377.50
700-800 lbs-600-700 lbs-
800-900 lbs296.00-309.50700-800 lbs268.00-283.00
900-1000 lbs287.00800-900 lbs262.00

New Cambria Livestock Market

1,350 New Cambria, MO

Thursday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
400-500 lbs-300-400 lbs430.00
500-600 lbs394.50-420.00400-500 lbs380.00-411
600-700 lbs337.50-373.00500-600 lbs333.00-380.00
700-800 lbs317.50-350.50600-700 lbs315.50-338.00
800-900 lbs318.50700-800 lbs295.00-326.00

CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT

Friday

Live Cattle Change  Feeder Cattle Change
Jun 223.025 1.275 Aug 302.450 1.725
Aug 209.825 1.850 Sep 302.225 1.575
Oct 207.350 1.875 Oct 300.350 1.550

CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS

Friday

Corn Change  Soy Beans Change
Jul 4.2875 0.0475 Jul 10.6800 0.0675
Sep 4.2550 0.0350 Aug 10.7150 0.0525
Dec 4.4125 0.0275 Sep 10.5400 0.0725

KANSAS CITY BOARD OF TRADE

Friday

  Wheat Change
Jul 5.6325 0.0800
Sep 5.7875 0.0775
Dec 6.0200 0.0650

ESTIMATED DAILY CATTLE SLAUGHTER

Friday 102,000 Thursday
Week Ago (est)100,000 Steer & Heifer: 96,000
Year Ago (act)118,000 Cow & Bull: 21,000
Wk To Date (est)553,000  
Last Week (est)556,000  
Last Year (est)597,000  

Friday, June 20

5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE

As of 10:00 amHead CountAvg WeightAvg Price
Live Steer 11,405 1,490 236.20
Live Heifer 4,040 1,355 235.73
Dressed Steer 10,988 983 376.61
Dressed Heifer 2,780 869 376.32

DAILY ESTIMATED CUTOUT VALUES

600-900#ChoiceSelectChoice/Select Spread
Current Cutout Values: 390.50 376.95 13.55
Change from prior day: -3.29 +2.36  

DAILY CATTLE SLAUGHTER

Friday 102,000 Thursday
Week Ago 100,000 Steer & Heifer: 96,000
Year Ago (act) 118,108 Cow & Bull: 21,000
Week To Date 553,000  
Same Period Last Week 556,000  
Same Period Last Year 597,481  

(No LRP rates published 6/20/2025 due to CoF report)

Friday, June 20

Couldn't make it to the 6/19 live webinar?

You can catch up at your convenience!

Hundreds of ranchers joined us to learn about

the USDA July 1st LRP program updates for the 2026 crop year.

From new coverage options for unborn calves and cull cows, to simplified transfer steps and premium billing timelines, this session will help you stay informed and confident. Whether you’re looking to transfer your policy, add coverage, or just learn the basics -

this is your chance to get ahead of the July 1 changes.

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

WEATHER 20/20 REPORT

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AGRICULTURE NEWS
FINANCE NEWS

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