
- LIMITED ACCESS -

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
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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.

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 lbs | 365.00-388.00 | 400-500 lbs | 362.50-380.00 |
600-700 lbs | 322.50-347.50 | 500-600 lbs | 327.00-332.50 |
700-800 lbs | 313.00-324.50 | 600-700 lbs | 295.00-327.50 |
800-900 lbs | 300.75 | 700-800 lbs | - |
900-1000 lbs | 283.00-298.25 | 800-900 lbs | 267.00 |
Cattlemen's Livestock Auction
2,109 Dalhart, TX
Thursday
Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
500-600 lbs | 350.00-401.00 | 400-500 lbs | 370.00 |
600-700 lbs | 330.00-360.00 | 500-600 lbs | 335.00-377.50 |
700-800 lbs | - | 600-700 lbs | - |
800-900 lbs | 296.00-309.50 | 700-800 lbs | 268.00-283.00 |
900-1000 lbs | 287.00 | 800-900 lbs | 262.00 |
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 lbs | 430.00 |
500-600 lbs | 394.50-420.00 | 400-500 lbs | 380.00-411 |
600-700 lbs | 337.50-373.00 | 500-600 lbs | 333.00-380.00 |
700-800 lbs | 317.50-350.50 | 600-700 lbs | 315.50-338.00 |
800-900 lbs | 318.50 | 700-800 lbs | 295.00-326.00 |
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 am | Head Count | Avg Weight | Avg 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# | Choice | Select | Choice/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

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