MONDAY MEME
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
INSETTING’S GROWING ROLE IN AGRICULTURE
VECTOR-PROOFING STABLES REDUCES MIDGES
RUMIN8 DRAMATICALLY REDUCES CATTLE METHANE
FINANCE
DAILY REPORTING
COMMODITIES OFFER STABILITY AMID VOLATILITY
GOLD SURPASSES $3,000 AMID RALLY
CORN DROPS, SOYBEANS EDGE HIGHER
Happy St. Patrick’s Day!
Wear Green & Stay Lucky! Happy St. Patrick’s Day! - Original artwork by CattleUSA team member, Dawn Carr
See a meme that made you laugh this week? DM @cattleusa.media on Instagram to share with the community!
+ follow @cattleusa.media & help us get to 500 followers!
March 21st - Last Day for Current Annual Rates
Friday, March 14
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | - | - | - |
| Live Heifer | 244 | 1,284 | 200.00 |
| Dressed Steer | - | - | - |
| Dressed Heifer | - | - | - |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 318.27 | 306.32 | 11.95 |
| Change from prior day: | -1.42 ▼ | -1.15 ▼ |
DAILY CATTLE SLAUGHTER
| Friday | 102,000 | Thursday |
| Week Ago | 108,000 | Steer & Heifer: 98,000 |
| Year Ago (act) | 112,956 | Cow & Bull: 23,000 |
| Week To Date | 585,000 | |
| Same Period Last Week | 575,000 | |
| Same Period Last Year | 585,420 |
Friday, March 14
AUCTION SUMMARY
Winter Livestock
6,248 Pratt, KS
Thursday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 347.00-376.00 | 500-600 lbs | 314.00-326.00 |
| 600-700 lbs | 331.00-348.00 | 600-700 lbs | 270.00-301.00 |
| 700-800 lbs | 280.50-307.00 | 700-800 lbs | 250.00-281.50 |
| 800-900 lbs | 258.75-281.00 | 800-900 lbs | 235.00-264.00 |
| 900-1000 lbs | 244.00-268.00 | 900-1000 lbs | 221.75-241.00 |
Ogallala Livestock Auction
6,122 Ogallala, NE
Thursday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 384.00-430.00 | 400-500 lbs | 328.00-374.00 |
| 500-600 lbs | 354.00-400.00 | 500-600 lbs | 310.00-346.50 |
| 600-700 lbs | 302.00-348.50 | 600-700 lbs | 281.50-315.00 |
| 700-800 lbs | 289.50-311.50 | 700-800 lbs | 262.00-281.00 |
| 800-900 lbs | 262.50-291.50 | 800-900 lbs | 249.50-264.00 |
Farmers and Ranchers Livestock Commission Co.
4,215 Salina, KS
Thursday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 360.00-402.00 | 400-500 lbs | 331.00-385.00 |
| 600-700 lbs | 321.00-358.00 | 500-600 lbs | 326.00-353.50 |
| 700-800 lbs | 281.50-314.00 | 600-700 lbs | 285.00-321.00 |
| 800-900 lbs | 260.00-287.00 | 700-800 lbs | 253.75-280.00 |
| 900-1000 lbs | 250.50-263.50 | 800-900 lbs | 247.00-258.50 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Friday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Apr | 203.175 | 1.125 ▲ | Mar | 281.970 | 1.750 ▲ |
| Jun | 199.350 | 1.075 ▲ | Apr | 281.200 | 1.220 ▲ |
| Aug | 196.700 | 0.750 ▲ | May | 282.650 | 1.125 ▲ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Friday
| Corn | Change | Soy Beans | Change | ||
| Mar | 4.4550 | 0.0800 ▼ | Mar | 9.9925 | 0.0250 ▲ |
| May | 4.5850 | 0.0675 ▼ | May | 10.1600 | 0.0525 ▲ |
| Jul | 4.6750 | 0.0475 ▼ | Jul | 10.3000 | 0.0500 ▲ |
KANSAS CITY BOARD OF TRADE
Friday
| Wheat | Change | ||||
| Mar | 5.7350 | 0.0150 ▼ | |||
| May | 5.8600 | 0.0150 ▼ | |||
| Jul | 5.9875 | 0.0200 ▼ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Friday | 102,000 | Thursday |
| Week Ago (est) | 108,000 | Steer & Heifer: 98,000 |
| Year Ago (act) | 113,000 | Cow & Bull: 23,000 |
| Wk To Date (est) | 585,000 | |
| Last Week (est) | 575,000 | |
| Last Year (est) | 585,000 |
Friday, March 14
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
The heaviest precipitation is from MN to IA & the eastern Dakotas. After March 20 the systems may bring decent precipitation to all grain areas. The Dakotas may still get the least.
Join the CattleUSA Drive Community to unlock daily Weather 20/20 maps and insights
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!
-
Upgrade Your Account to Read the Rest!
Join the CattleUSA Drive Community for full access to this post and to subscriber-only content. Upgrade as a ‘CattleUSA User’ for $0.25 a day and stay ahead with the full picture.
-
-
Have thoughts on what we should tweak next? Reply to this email or message us at [email protected]—we’d love to hear from you!