“When a new day begins, dare to smile gratefully.
When there is darkness, dare to be the first to shine a light.”
– Steve Maraboli
DAILY MARKET SUMMARY
FEEDER CATTLE INDEX
DAILY CATTLE & BEEF
DAILY FEEDER & STOCKER
DAILY LRP PREMIUMS
CATTLEUSA INSURANCE LOGIC AG MARKETING COMMENTARY
WEATHER 20/20 ENERGY & AG REPORT
FEBRUARY & SPRING INSIGHTS W/ GARY LEZAK
PRECIPITATION FORECAST: MARCH 1 - 15
AGRICULTURE:
AUCTION RAISES FUNDS FOR CHILDREN
MICHIGAN CELEBRATES FOOD AND AGRICULTURE
SOUND AGRICULTURE EXPANDS, BOOSTS YIELDS
FINANCE
DAILY REPORTING
MARKETS REACT TO TARIFF TURMOIL
VITOL CUTS CHINA COAL TRADING
BEXBACK BOOSTS CRYPTO LEVERAGE TRADING
Friday, February 28
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | 808 | 1,528 | 197.74 |
| Live Heifer | 1,541 | 1,391 | 197.88 |
| Dressed Steer | 3,228 | 993 | 312.77 |
| Dressed Heifer | 1,138 | 889 | 313.00 |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 311.83 | 302.05 | 9.78 |
| Change from prior day: | +0.65 ▲ | -0.08 ▼ |
DAILY CATTLE SLAUGHTER
| Friday | 107,000 | Thursday |
| Week Ago | 107,000 | Steer & Heifer: 96,000 |
| Year Ago (act) | 101,097 | Cow & Bull: 22,000 |
| Week To Date | 564,000 | |
| Same Period Last Week | 554,000 | |
| Same Period Last Year | 591,252 |
Friday, February 28
AUCTION SUMMARY
Napoleon Livestock Auction
7,184 Napoleon, ND
Thursday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 340.00-400.00 | 400-500 lbs | 350.00-385.00 |
| 600-700 lbs | 316.00-352.00 | 500-600 lbs | 309.00-365.00 |
| 700-800 lbs | 291.00-325.00 | 600-700 lbs | 275.00-313.00 |
| 800-900 lbs | 275.00-299.00 | 700-800 lbs | 264.00-295.00 |
| 900-1000 lbs | 267.00-273.75 | 800-900 lbs | 240.00-252.50 |
Ogallala Livestock Auction
6,706 Ogallala, NE
Thursday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 368.50-400.00 | 400-500 lbs | 367.50-412.50 |
| 600-700 lbs | 306.00-358.00 | 500-600 lbs | 317.00-345.00 |
| 700-800 lbs | 281.00-319.50 | 600-700 lbs | 278.00-322.00 |
| 800-900 lbs | 260.00-285.50 | 700-800 lbs | 267.00-294.00 |
| 900-1000 lbs | 266.50 | 800-900 lbs | 269.50-271.50 |
Mitchell Livestock Auction
6,519 Mitchell, SD
Thursday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 350.00-397.00 | 500-600 lbs | 297.00-359.00 |
| 600-700 lbs | 310.00-353.00 | 600-700 lbs | 279.00-312.50 |
| 700-800 lbs | 278.00-320.50 | 700-800 lbs | 257.50-287.00 |
| 800-900 lbs | 264.00-289.00 | 800-900 lbs | 240.75-270.00 |
| 900-1000 lbs | 244.00-276.00 | 900-1000 lbs | 230.75-252.50 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Friday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Feb | 197.725 | 1.675 ▼ | Mar | 274.975 | 1.475 ▼ |
| Apr | 192.650 | 3.475 ▼ | Apr | 273.000 | 2.550 ▼ |
| Jun | 188.775 | 3.550 ▼ | May | 271.125 | 2.850 ▼ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Friday
| Corn | Change | Soy Beans | Change | ||
| Mar | 4.5350 | 0.1125 ▼ | Mar | 10.1150 | 0.1125 ▼ |
| May | 4.6950 | 0.1150 ▼ | May | 10.2575 | 0.1150 ▼ |
| Jul | 4.7575 | 0.1100 ▼ | Jul | 10.4000 | 0.1200 ▼ |
KANSAS CITY BOARD OF TRADE
Friday
| Wheat | Change | ||||
| Mar | 5.5825 | 0.1300 ▼ | |||
| May | 5.7300 | 0.1225 ▼ | |||
| Jul | 5.8600 | 0.1150 ▼ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Friday | 107,000 | Thursday |
| Week Ago (est) | 107,000 | Steer & Heifer: 96,000 |
| Year Ago (act) | 101,000 | Cow & Bull: 22,000 |
| Wk To Date (est) | 564,000 | |
| Last Week (est) | 554,000 | |
| Last Year (est) | 591,000 |
Friday, February 28
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Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results.
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February Weather Insights & Upcoming Spring w/ Gary Lezak - CattleUSA Daily Pod
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