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MONDAY MEME

MARKET REPORT

WEATHER 20/20 REPORT

AGRICULTURE

  • WYOMING FAIR CELEBRATES AGRICULTURAL LEGACY

  • CBP SEIZES RISKY HATCHING EGGS

  • USDA’S ROLE HIGHLIGHTED

FINANCE

  • DAILY REPORTING

  • LONG-TERM PERSPECTIVE MATTERS

  • GLOBAL MARKETS RATTLED

  • GRAINS RECOVER; WHEAT REMAINS WEAK

MONDAY MEME

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DAILY MARKET SUMMARY

Friday, March 28

5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE

As of 10:00 amHead CountAvg WeightAvg Price
Live Steer 3,569 1,513 212.25
Live Heifer 1,247 1,358 213.09
Dressed Steer 1,472 983 333.23
Dressed Heifer 713 822 333.67

DAILY ESTIMATED CUTOUT VALUES

600-900#ChoiceSelectChoice/Select Spread
Current Cutout Values: 332.82 318.68 14.14
Change from prior day: -2.90 -0.76  

DAILY CATTLE SLAUGHTER

Friday 107,000 Thursday
Week Ago 100,000 Steer & Heifer: 97,000
Year Ago (act) 96,918 Cow & Bull: 22,000
Week To Date 592,000  
Same Period Last Week 540,000  
Same Period Last Year 577,154  

Friday, March 28

AUCTION SUMMARY

Ogallala Livestock Auction

4,578 Ogallala, NE

Thursday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
400-500 lbs442.00-445.00400-500 lbs370.00-408.00
500-600 lbs375.00-414.00500-600 lbs337.00-371.00
600-700 lbs325.00-373.00600-700 lbs298.00-319.00
700-800 lbs306.00-328.00700-800 lbs275.50-296.50
800-900 lbs284.00-300.00800-900 lbs256.00-286.00

Winter Livestock

4,195 Pratt, KS

Thursday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
500-600 lbs362.50-405.00500-600 lbs322.50-348.00
600-700 lbs287.00-345.00600-700 lbs283.00-302.50
700-800 lbs287.00-309.00700-800 lbs261.50-295.00
800-900 lbs269.00-296.00800-900 lbs252.00-271.00
900-1000 lbs261.50-281.50900-1000 lbs241.00-259.50

Mitchell Livestock Auction

3,209 Mitchell, SD

Thursday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
500-600 lbs361.00-394.00500-600 lbs320.00-330.00
600-700 lbs332.00-355.00600-700 lbs312.00-331.50
700-800 lbs314.00-323.00700-800 lbs271.00-291.50
800-900 lbs273.50-290.00800-900 lbs249.10-275.75
900-1000 lbs259.00-271.75900-1000 lbs240.00-251.00

CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT

Friday

Live Cattle Change  Feeder Cattle Change
Apr 208.825 0.725 Apr 286.925 0.625
Jun 204.850 0.950 May 285.175 1.350
Aug 201.000 0.800 Aug 289.675 0.975

CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS

Friday

Corn Change  Soy Beans Change
May 4.5325 0.0325 May 10.2300 0.0625
Jul 4.6000 0.0200 Jul 10.3725 0.0675
Sep 4.3525 0.0100 Aug 10.3400 0.0700

KANSAS CITY BOARD OF TRADE

Friday

  Wheat Change
  May 5.5175 0.1450
  Jul 5.6550 0.1425
  Sep 5.8150 0.1350

ESTIMATED DAILY CATTLE SLAUGHTER

Friday 107,000 Thursday
Week Ago (est)100,000 Steer & Heifer: 97,000
Year Ago (act)97,000 Cow & Bull: 22,000
Wk To Date (est)592,000  
Last Week (est)540,000  
Last Year (est)577,000  

Friday, March 28

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