MONDAY MEME
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
701X REVOLUTIONIZES RANCHING TECHNOLOGY
COMMUNICATION KEY TO CATTLE SALES
PROPOSED FEEDLOT SPURS COMMUNITY OPPOSITION
FINANCE
DAILY REPORTING
FEDEX FORECAST CUT HITS SHARES
HIGH RATES STRAIN RURAL INDUSTRIES
STOCKS SLIDE ON EARNINGS WARNINGS
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Friday, March 21
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | 393 | 1,594 | 207.98 |
| Live Heifer | 151 | 1,380 | 210.00 |
| Dressed Steer | 318 | 996 | 330.00 |
| Dressed Heifer | - | - | - |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 325.45 | 309.62 | 15.83 |
| Change from prior day: | -2.61 ▼ | 0.26 ▲ |
DAILY CATTLE SLAUGHTER
| Friday | 100,000 | Thursday |
| Week Ago | 99,000 | Steer & Heifer: 91,000 |
| Year Ago (act) | 108,782 | Cow & Bull: 23,000 |
| Week To Date | 540,000 | |
| Same Period Last Week | 582,000 | |
| Same Period Last Year | 579,455 |
Friday, March 21
AUCTION SUMMARY
Mitchell Livestock Auction
4,437 Mitchell, SD
Thursday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 361.00-421.00 | 500-600 lbs | 325.00 |
| 600-700 lbs | 328.00-360.50 | 600-700 lbs | 305.00-331.00 |
| 700-800 lbs | 310.50-325.00 | 700-800 lbs | 279.00-305.50 |
| 800-900 lbs | 280.00-311.50 | 800-900 lbs | 248.00-280.50 |
| 900-1000 lbs | 250.00-277.50 | 900-1000 lbs | 238.75-255.25 |
Winter Livestock
3,554 Pratt, KS
Thursday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 345.00-388.00 | 500-600 lbs | 338.50-352.00 |
| 600-700 lbs | 323.00-360.00 | 600-700 lbs | 281.00-292.00 |
| 700-800 lbs | 284.00-311.00 | 700-800 lbs | 263.00-280.50 |
| 800-900 lbs | 274.50-288.00 | 800-900 lbs | 250.00-259.50 |
| 900-1000 lbs | 256.50-275.00 | 900-1000 lbs | 208.00-249.25 |
Farmers and Ranchers Livestock Commission Co.
3,172 Salina, KS
Thursday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 350.00-405.00 | 500-600 lbs | 329.00-347.00 |
| 600-700 lbs | 318.50-368.00 | 600-700 lbs | 276.00-322.00 |
| 700-800 lbs | 287.00-323.00 | 700-800 lbs | 261.50-278.50 |
| 800-900 lbs | 268.00-282.00 | 800-900 lbs | 251.00-264.50 |
| 900-1000 lbs | 252.50-276.00 | 900-1000 lbs | 223.00-252.00 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Friday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Apr | 206.950 | 1.525 ▼ | Mar | 286.475 | 1.875 ▼ |
| Jun | 202.775 | 2.250 ▼ | Apr | 284.975 | 3.475 ▼ |
| Aug | 199.350 | 2.475 ▼ | May | 285.100 | 4.000 ▼ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Friday
| Corn | Change | Soy Beans | Change | ||
| May | 4.6425 | 0.0475 ▼ | May | 10.0975 | 0.0325 ▼ |
| Jul | 4.7150 | 0.0400 ▼ | Jul | 10.2150 | 0.0375 ▼ |
| Sep | 4.4475 | 0.0275 ▼ | Aug | 10.1675 | 0.0350 ▼ |
KANSAS CITY BOARD OF TRADE
Friday
| Wheat | Change | ||||
| May | 5.8875 | 0.0225 ▲ | |||
| Jul | 6.0350 | 0.0250 ▲ | |||
| Sep | 6.1850 | 0.0250 ▲ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Friday | 100,000 | Thursday |
| Week Ago (est) | 99,000 | Steer & Heifer: 91,000 |
| Year Ago (act) | 109,000 | Cow & Bull: 23,000 |
| Wk To Date (est) | 540,000 | |
| Last Week (est) | 580,000 | |
| Last Year (est) | 580,000 |
Friday, March 21
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