CATTLEUSA DRIVE - Monday, May 12th

CATTLEUSA DRIVE MONDAY MAY 12TH

- LIMITED ACCESS -

MONDAY MEME

MARKET REPORT

WEATHER 20/20 REPORT

AGRICULTURE

  • PRECISION AG BILL BOOSTS CONNECTIVITY

  • NIFA CLIMATE RESEARCH THREATENED

  • USDA REBRANDS, APPROVES CLIMATE PROJECTS

FINANCE

  • DAILY REPORTING

  • UK TRADE DEAL OPENS MARKETS

  • RETHINKING MARKET-ECONOMY DIVIDE

  • WHEAT WEAKENS, CORN STEADY GAINS

MONDAY MEME

Raise your hand if you were 11 for a few years 🖐️

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DAILY MARKET SUMMARY

Friday, May 09

AUCTION SUMMARY

In case you missed it— Auction summaries from Thursday’s report.

(No National Daily Feeder and Stocker Cattle Auction Summaries published 5/9)

Hub City Livestock Auction

5,699 Aberdeen, SD

Wednesday

Feeder Steers - Medium & Large #1Feeder Heifers - Medium & Large #1
500-600 lbs378.00-445.00400-500 lbs382.50-392.00
600-700 lbs347.00-384.00500-600 lbs350.00-385.00
700-800 lbs325.00-344.50600-700 lbs319.00-348.00
800-900 lbs291.25-313.25700-800 lbs289.00-316.50
900-1000 lbs267.00-292.75800-900 lbs275.00-288.00

Bassett Livestock Auction

4,063 Bassett, NE

Wednesday

Feeder Steers - Medium & Large #1Feeder Heifers - Medium & Large #1
500-600 lbs372.50-404.00400-500 lbs380.00-400.00
600-700 lbs337.50-368.00500-600 lbs326.00-395.00
700-800 lbs307.50-335.00600-700 lbs290.50-337.50
800-900 lbs295.00-308.25700-800 lbs286.00-306.00
900-1000 lbs269.75-286.00800-900 lbs289.50

Green City Livestock Auction

2,654 Green City, MO

Wednesday

Feeder Steers - Medium & Large #1Feeder Heifers - Medium & Large #1
400-500 lbs395.00-464.00400-500 lbs352.50-417.00
500-600 lbs363.50-410.00500-600 lbs342.00-368.00
600-700 lbs351.00-385.00600-700 lbs304.00-331.00
700-800 lbs320.00-326.00700-800 lbs301.00-316.00
800-900 lbs295.00-300.50800-900 lbs280.50

CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT

Friday

Live CattleChange Feeder CattleChange
Jun 214.675 0.425 May 297.975 0.500
Aug 209.575 0.425 Aug 300.300 0.950
Oct 206.950 0.525 Sep 299.025 1.200

CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS

Friday

CornChange Soy BeansChange
May 4.4150 0.0250 May 10.4400 0.0725
Jul 4.4975 0.0225 Jul 10.5175 0.0675
Sep 4.2925 0.0275 Aug 10.4725 0.0725

KANSAS CITY BOARD OF TRADE

Friday

 WheatChange
May 5.0650 0.0725
Jul 5.1750 0.0725
Sep 5.3175 0.0700

ESTIMATED DAILY CATTLE SLAUGHTER

Friday 88,000 Thursday
Week Ago (est)87,000 Steer & Heifer: 98,000
Year Ago (act)118,000 Cow & Bull: 22,000
Wk To Date (est)557,000  
Last Week (est)552,000  
Last Year (est)603,000  

Friday, May 09

5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE

As of 10:00 amHead CountAvg WeightAvg Price
Live Steer 25,308 1,485 224.49
Live Heifer 14,156 1,304 221.86
Dressed Steer 8,830 954 356.07
Dressed Heifer 1,785 849 356.73

DAILY ESTIMATED CUTOUT VALUES

600-900#ChoiceSelectChoice/Select Spread
Current Cutout Values: 345.97 331.17 14.80
Change from prior day: -1.92 -2.03  

DAILY CATTLE SLAUGHTER

Friday 88,000 Thursday
Week Ago 87,000 Steer & Heifer: 98,000
Year Ago (act) 117,839 Cow & Bull: 22,000
Week To Date 557,000  
Same Period Last Week 552,000  
Same Period Last Year 602,591  

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Friday, May 09

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WEATHER 20/20 REPORT

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AGRICULTURE NEWS
FINANCE NEWS

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