- LIMITED ACCESS -
MONDAY MEME
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
INTENSIFICATION NOT ALWAYS BIODIVERSITY-FRIENDLY
BILL BACKS SMALL MEAT PROCESSORS
TIGHT SUPPLY DRIVES CATTLE SURGE
FINANCE
DAILY REPORTING
OIL POISED FOR 2025 REBOUND
JOBS GROW DESPITE POLICY UNCERTAINTY
STOCKS RISE DESPITE TRADE RISKS
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Friday, May 02
AUCTION SUMMARY
Billings Livestock Commission
2,726 Billings, MT
Thursday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 435.00-437.50 | 400-500 lbs | - |
| 500-600 lbs | 376.00-438.00 | 500-600 lbs | 340.00-361.00 |
| 600-700 lbs | 332.00-378.00 | 600-700 lbs | 303.00-336.50 |
| 700-800 lbs | 299.00-335.00 | 700-800 lbs | 285.00-303.50 |
| 800-900 lbs | 281.00-306.00 | 800-900 lbs | 266.00-278.00 |
Lamoni Livestock Auction
2,690 Lamoni, IA
Thursday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 412.50-452.00 | 300-400 lbs | 421.00-457.00 |
| 500-600 lbs | 390.00-432.50 | 400-500 lbs | 374.00-442.50 |
| 600-700 lbs | 337.00-370.50 | 500-600 lbs | 353.50-403.00 |
| 700-800 lbs | 294.00-336.25 | 600-700 lbs | 320.00-349.00 |
| 800-900 lbs | 289.00-305.25 | 700-800 lbs | 265.00-326.00 |
Farmers and Ranchers Livestock Commission
2,468 Salina, KS
Thursday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 360.00-400.00 | 400-500 lbs | 380.00-430.00 |
| 600-700 lbs | 326.00-375.00 | 500-600 lbs | 340.00-375.00 |
| 700-800 lbs | 301.00-338.00 | 600-700 lbs | 313.00-327.00 |
| 800-900 lbs | 273.00-295.00 | 700-800 lbs | 268.00-286.00 |
| 900-1000 lbs | 273.50-275.60 | 800-900 lbs | 264.00-273.00 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Friday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Jun | 211.100 | 1.450 ▲ | May | 294.950 | 1.725 ▲ |
| Aug | 206.775 | 2.125 ▲ | Aug | 296.900 | 2.450 ▲ |
| Oct | 204.475 | 2.250 ▲ | Sep | 295.550 | 2.700 ▲ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Friday
| Corn | Change | Soy Beans | Change | ||
| May | 4.6125 | 0.0300 ▼ | May | 10.4875 | 0.0850 ▲ |
| Jul | 4.6900 | 0.0325 ▼ | Jul | 10.5800 | 0.0775 ▲ |
| Sep | 4.4000 | 0.0275 ▲ | Aug | 10.5125 | 0.0700 ▲ |
KANSAS CITY BOARD OF TRADE
Friday
| Wheat | Change | ||||
| May | 5.2850 | 0.1250 ▲ | |||
| Jul | 5.4125 | 0.1375 ▲ | |||
| Sep | 5.5550 | 0.1350 ▲ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Friday | 87,000 | Thursday |
| Week Ago (est) | 82,000 | Steer & Heifer: 99,000 |
| Year Ago (act) | 119,000 | Cow & Bull: 21,000 |
| Wk To Date (est) | 552,000 | |
| Last Week (est) | 548,000 | |
| Last Year (est) | 599,000 |
Friday, May 02
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | 30,355 | 1,484 | 220.99 |
| Live Heifer | 12,891 | 1,357 | 220.81 |
| Dressed Steer | 12,354 | 973 | 349.33 |
| Dressed Heifer | 1,899 | 8,833 | 351.21 |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 342.90 | 325.35 | 17.55 |
| Change from prior day: | -0.27 ▼ | +1.07 ▲ |
DAILY CATTLE SLAUGHTER
| Friday | 87,000 | Thursday |
| Week Ago | 82,000 | Steer & Heifer: 99,000 |
| Year Ago (act) | 119,285 | Cow & Bull: 21,000 |
| Week To Date | 552,000 | |
| Same Period Last Week | 548,000 | |
| Same Period Last Year | 498,563 |
Friday, May 02
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