“Tranquility comes when you stop caring
what they say. Or think, or do.
Only what you do.”
– Marcus Aurelius
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
SOUTH AMERICA RAINFALL FORECAST 2/19 - 3/1
AGRICULTURE:
OCONEE FFA CELEBRATES AGRICULTURE EDUCATION
TEEN WINS RABBIT CONSERVATION GRANT
SPECTROSCOPY REVOLUTIONIZES PRECISION CROP MANAGEMENT
FINANCE
DAILY REPORTING
NODAL EXCHANGE EXPANDS IN FAIRFAX
COINBASE LAUNCHES SOLANA FUTURES CONTRACTS
MARKETS MIXED AHEAD OF FED MINUTES
Wednesday, February 19
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | - | - | - |
| Live Heifer | 600 | 1,500 | 200.00 |
| Dressed Steer | - | - | - |
| Dressed Heifer | - | - | - |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 313.89 | 303.76 | 10.13 |
| Change from prior day: | -1.88 ▼ | +0.05 ▲ |
DAILY CATTLE SLAUGHTER
| Wednesday | 117,000 | Tuesday |
| Week Ago | 120,000 | Steer & Heifer: 96,000 |
| Year Ago (act) | 119,980 | Cow & Bull: 22,000 |
| Week To Date | 333,000 | |
| Same Period Last Week | 337,000 | |
| Same Period Last Year | 345,663 |
Wednesday, February 19
AUCTION SUMMARY
Miles City Livestock Commission Auction
1,789 Miles City, MT
Tuesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 382.00-392.00 | 300-400 lbs | 390.00 |
| 500-600 lbs | 334.00-385.00 | 400-500 lbs | 345.00-356.00 |
| 600-700 lbs | 312.00-320.00 | 500-600 lbs | 341.00 |
| 700-800 lbs | 293.50-305.00 | 600-700 lbs | 280.50-311.00 |
| 800-900 lbs | - | 700-800 lbs | - |
Winter Livestock Auction
1,058 Riverton, WY
Tuesday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 377.00-420.00 | 300-400 lbs | 375.00-392.50 |
| 600-700 lbs | 320.00-364.00 | 400-500 lbs | 332.50-371.75 |
| 700-800 lbs | 300.00 | 500-600 lbs | 306.50-349.50 |
| 800-900 lbs | 263.00-299.00 | 600-700 lbs | 267.50-290.00 |
| 900-1000 lbs | 237.50-255.00 | 700-800 lbs | 238.50 |
Russell Livestock Feeder Cattle
3,884 Russell, IA
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 375.00-412.50 | 400-500 lbs | 332.50-395.00 |
| 500-600 lbs | 328.00-380.00 | 500-600 lbs | 284.00-355.00 |
| 600-700 lbs | 285.00-327.00 | 600-700 lbs | 261.00-297.00 |
| 700-800 lbs | 263.00-309.00 | 700-800 lbs | 246.50-279.00 |
| 800-900 lbs | 247.00-268.75 | 800-900 lbs | 235.00-243.00 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Wednesday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Feb | 197.825 | 0.375 ▲ | Mar | 269.025 | 0.700 ▼ |
| Apr | 194.775 | 0.750 ▲ | Apr | 268.600 | 0.500 ▼ |
| Jun | 190.925 | 0.525 ▲ | May | 267.050 | 0.275 ▼ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Wednesday
| Corn | Change | Soy Beans | Change | ||
| Mar | 4.9750 | 0.0450 ▼ | Mar | 10.3175 | 0.0675 ▼ |
| May | 5.1225 | 0.0350 ▼ | May | 10.4825 | 0.0725 ▼ |
| Jul | 5.1525 | 0.0325 ▼ | Jul | 10.6400 | 0.0750 ▼ |
KANSAS CITY BOARD OF TRADE
Wednesday
| Wheat | Change | ||||
| Mar | 6.1375 | 0.1350 ▼ | |||
| May | 6.2625 | 0.1300 ▼ | |||
| Jul | 6.3800 | 0.1175 ▼ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Wednesday | 117,000 | Tuesday |
| Week Ago (est) | 120,000 | Steer & Heifer: 96,000 |
| Year Ago (act) | 120,000 | Cow & Bull: 22,000 |
| Wk To Date (est) | 330,000 | |
| Last Week (est) | 337,000 | |
| Last Year (est) | 346,000 |
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Wednesday, February 19
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February Weather Insights & Upcoming Spring w/ Gary Lezak - CattleUSA Daily Pod
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