- LIMITED ACCESS -
If you missed yesterday’s market recap, upgrade to Premium for daily coverage and stay informed on the ups and downs of the cattle market.
#BOTW - BEEF OF THE WEEK
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
FARM DRONE USE STILL EMERGING
TULIPS DRIVE FARM DIVERSIFICATION SUCCESS
DATA TRANSFORMING HERD MANAGEMENT DECISIONS
FINANCE
DAILY REPORTING
FUTURES MARKETS, WHAT ARE THEY?
CEASEFIRE STRAINED AS OIL HALTED
CEASEFIRE COULD EASE INFLATION PRESSURES
Introducing CattleChannel: A New Way to CattleUSA
Who’s in the mood for a beef short rib sandwich?✋
If you raised your hand too, you’re in luck! Today’s #BOTW is just that and, according to the chef, “Every bite is rich, savory, and incredibly satisfying”, so it’s definitely going on my “to try” list.
Lucky for us there’s a recipe linked in the post 🙌
What would you rate this #BOTW?
P.S. Know of a dish worth featuring? DM us on Instagram @cattleusa.media with your submission—we might showcase it next!
Wednesday, April 08
AUCTION SUMMARY
Beaver Livestock
6,945 Beaver, OK
Tuesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 600-700 lbs | 409.00-450.00 | 500-600 lbs | 422.50-461.00 |
| 700-800 lbs | 385.00-407.50 | 600-700 lbs | 374.00-420.00 |
| 800-900 lbs | 345.00-376.00 | 700-800 lbs | 346.00-375.00 |
| 900-1000 lbs | 334.00-350.00 | 800-900 lbs | 315.00-355.00 |
| 1000-1100 lbs | 315.00-329.50 | 900-1000 lbs | 310.00-318.00 |
OKC West Livestock
2,050 El Reno, OK
Tuesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 300-400 lbs | 740.00-760.00 | 200-300 lbs | 620.00-690.00 |
| 400-500 lbs | 570.00-690.00 | 300-400 lbs | 520.00-590.00 |
| 500-600 lbs | 480.00-550.00 | 400-500 lbs | 460.00-530.00 |
| 600-700 lbs | 415.00-440.00 | 500-600 lbs | 415.00-450.00 |
| 700-800 lbs | 372.50-400.00 | 600-700 lbs | 340.00-400.00 |
Ozarks Regional Stockyards
2,025 West Plains, MO
Tuesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 475.00-570.00 | 400-500 lbs | 475.00-565.00 |
| 600-700 lbs | 420.00-479.00 | 500-600 lbs | 410.00-477.50 |
| 700-800 lbs | 367.50-397.50 | 600-700 lbs | 370.00-430.00 |
| 800-900 lbs | 336.00-367.50 | 700-800 lbs | 350.00-372.50 |
| 900-1000 lbs | 330.00 | 800-900 lbs | 315.00-352.50 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Wednesday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Apr | 249.000 | 0.800 ▲ | Apr | 370.675 | 1.775 ▲ |
| Jun | 245.925 | 0.125 ▲ | May | 368.000 | 1.375 ▲ |
| Aug | 242.425 | 0.050 ▲ | Aug | 367.950 | 1.900 ▲ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Wednesday
| Corn | Change | Soy Beans | Change | ||
| May | 4.4725 | 0.0175 ▼ | May | 11.6200 | 0.0375 ▲ |
| Jul | 4.5800 | 0.0200 ▼ | Jul | 11.7800 | 0.0350 ▲ |
| Sep | 4.6175 | 0.0225 ▼ | Aug | 11.7325 | 0.0275 ▲ |
KANSAS CITY BOARD OF TRADE
Wednesday
| Wheat | Change | ||||
| May | 5.9525 | 0.1225 ▼ | |||
| Jul | 6.1200 | 0.1100 ▼ | |||
| Sep | 6.2650 | 0.1075 ▼ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Wednesday | 109,000 | Tuesday |
| Week Ago (est) | 107,000 | Steer & Heifer: 92,000 |
| Year Ago (act) | 123,000 | Cow & Bull: 21,000 |
| Wk To Date (est) | 320,000 | |
| Last Week (est) | 324,000 | |
| Last Year (est) | 350,000 |
Wednesday, April 08
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | - | - | - |
| Live Heifer | - | - | - |
| Dressed Steer | - | - | - |
| Dressed Heifer | - | - | - |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 379.66 | 382.27 | -2.61 |
| Change from prior day: | -3.08 ▼ | -4.06 ▼ |
DAILY CATTLE SLAUGHTER
| Wednesday | 109,000 | Tuesday |
| Week Ago | 107,000 | Steer & Heifer: 92,000 |
| Year Ago (act) | 122,824 | Cow & Bull: 21,000 |
| Week To Date | 320,000 | |
| Same Period Last Week | 324,000 | |
| Same Period Last Year | 349,745 |
Wednesday, April 08
Join us for a 30-minute interactive webinar built specifically for cow/calf producers looking to better understand and use Livestock Risk Protection (LRP).
We’ll walk through how LRP works, what’s actually at risk in your operation, and how to apply it in real-world scenarios.
We’ll also cover how pricing differs between calves and yearlings, and how to read LRP quotes so you know exactly what you’re getting.
You’ll learn:
LRP fundamentals — what it is and how it works
What’s at risk in your operation and how to manage it
How to apply LRP in real-world scenarios
Price adjustment factors (calves vs. yearlings)
What basis risk is and why it matters
How to read and understand LRP quotes
Click here to connect with a CattleUSA Insurance representative
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results.
Review our full disclaimer at https://www.logicag.com/disclaimer
Droughts are either expanding or contracting. As you peruse through the next few slides, I think it is obvious that drought conditions are expanding... Upgrade account to read the rest.
Join the CattleUSA Drive Community to unlock daily Weather 20/20 maps and insights
CattleUSA has teamed up with Weather 20/20 to bring you exclusive access to long-range weather forecasts using their patent-pending LRC methodology. Plan ahead with confidence and stay ahead of the weather—now at a special discounted rate for CattleUSA users!
CattleUSA Daily Podcast:
If you or someone you know would be interested in hopping on the mic to share your story, please contact us at [email protected]. — Video streaming weekdays on YouTube @cattleusatv. Audio available on Spotify, Apple Podcasts & all major streaming platforms.
Join the CattleUSA Drive Community for full access to this post and other member-only content, including daily market reports, FCI, ag weather predictions, & more.
-
Want more CattleUSA? Check out our socials!
-
Questions, comments, concerns? Reply to this email or message us at [email protected]—we’d love to hear from you!
Premium Membership Details
Become a Premium member of the CattleUSA Drive Community for full access to this post and other member-only content.
Click Here to Upgrade AccountPremium Membership Includes:
- Daily Market Insights
- Daily Feeder Cattle Index
- Daily Inspirational Thought
- Insider Expert Commentary
- Predictive Weather Forecasting by Weather 20/20
- Latest Industry News & Updates
- The Saturday Edition
- Full Access to All Content & Archive
- Access to Exclusive Content & Events
- CattleUSA Partner Discounts
- Community Contributions & Insights
- + More!