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#BOTW - BEEF OF THE WEEK

MARKET REPORT

WEATHER 20/20 REPORT

AGRICULTURE

SUPER BOWL BOOST, FARM STRAIN
PRAIRIE LEGACY, RANCHING FUTURE
IMPROVING THE CATTLE INDUSTRY

FINANCE

DAILY REPORTING
TIGHT HERDS, STRONG PRICE SUPPORT
CATTLE RALLY EXTENDS HIGHER
OVERSUPPLY SHIFTS COMMODITY OUTLOOK

Introducing CattleChannel: A New Way to CattleUSA

#BOTW - BEEF OF THE WEEK

Instagram @damn_delicious

Today’s #BOTW is a quintessential game day favorite made simple with a hands-off slow cooker recipe from Chungah Rhee. This beefy chili won’t just warm your belly, it’ll tackle your taste buds.

A Super Bowl indeed!

What would you rate this #BOTW?

🍔 Cast your vote!

╚

P.S. Know of a dish worth featuring? DM us on Instagram @cattleusa.media with your submission—we might showcase it next!

DAILY MARKET SUMMARY

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_{Wednesday, February 04}

AUCTION SUMMARY

Beaver Livestock

5,424 Beaver, OK

Tuesday

Feeder Steers - Medium & Large #1		Feeder Heifers - Medium & Large #1
500-600 lbs	460.00-525.00	400-500 lbs	460.00-490.00
600-700 lbs	400.00-465.00	500-600 lbs	423.50-448.00
700-800 lbs	378.00-402.00	600-700 lbs	368.00-406.00
800-900 lbs	353.00-369.00	700-800 lbs	352.50-365.00
900-1000 lbs	335.00-353.00	800-900 lbs	323.00-357.00

Kingsville Livestock

4,199 Kingsville, MO

Tuesday

Feeder Steers - Medium & Large #1		Feeder Heifers - Medium & Large #1
500-600 lbs	460.00-527.50	400-500 lbs	458.00-511.00
600-700 lbs	408.00-465.00	500-600 lbs	400.00-461.00
700-800 lbs	382.50-416.00	600-700 lbs	357.50-435.00
800-900 lbs	360.50-390.00	700-800 lbs	345.00-369.00
900-1000 lbs	338.00-343.50	800-900 lbs	328.50

Winter Livestock

3,413 La Junta, CO

Tuesday

Feeder Steers - Medium & Large #1		Feeder Heifers - Medium & Large #1
400-500 lbs	504.00-595.00	400-500 lbs	470.00-501.00
500-600 lbs	452.00-500.00	500-600 lbs	424.00-450.00
600-700 lbs	419.00-449.00	600-700 lbs	376.00-422.00
700-800 lbs	382.00-395.00	700-800 lbs	327.50-362.00
800-900 lbs	341.00-359.00	800-900 lbs	312.50-331.00

CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT

Wednesday

Live Cattle		Change	Feeder Cattle		Change
Feb	240.525	0.200 ▲	Mar	370.075	2.150 ▲
Apr	241.800	0.175 ▲	Apr	367.500	1.625 ▲
Jun	237.225	0.600 ▲	May	363.750	1.350 ▲

CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS

Wednesday

Corn		Change	Soy Beans		Change
Mar	4.2950	0.0100 ▲	Mar	10.9225	0.2650 ▲
May	4.3700	0.0125 ▲	May	11.0475	0.2750 ▲
Jul	4.4325	0.0125 ▲	Jul	11.1675	0.2625 ▲

KANSAS CITY BOARD OF TRADE

Wednesday

Wheat		Change
Mar	5.3025	0.0450 ▼
May	5.4275	0.0400 ▼
Jul	5.5675	0.0375 ▼

ESTIMATED DAILY CATTLE SLAUGHTER

Wednesday	113,000	Tuesday
Week Ago (est)	112,000	Steer & Heifer: 93,000
Year Ago (act)	121,000	Cow & Bull: 22,000
Wk To Date (est)	336,000
Last Week (est)	324,000
Last Year (est)	356,000

_{Wednesday, February 04}

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:	368.02	362.09	5.93
Change from prior day:	-2.69 ▼	-5.14 ▼

DAILY CATTLE SLAUGHTER

Wednesday	113,000	Tuesday
Week Ago	112,000	Steer & Heifer: 93,000
Year Ago (act)	120,676	Cow & Bull: 22,000
Week To Date	336,000
Same Period Last Week	324,000
Same Period Last Year	356,157

_{Wednesday, February 04}

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WEATHER 20/20 REPORT

❝

The next two charts show temperature departure from average, along with percent of average precipitation, calculated from the point when this year’s cycling pattern became established—around the end of the first week of October.

These graphics help put the impacts of this year’s pattern into context, showing the cumulative effects the LRC has had... Upgrade account to read the rest.

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AGRICULTURE NEWS

FINANCE NEWS

CattleUSA Daily Podcast:

Considerations to Make When it Comes to Herd Health, Quality, & Size

Midwest Drought & Snow Predictions This Winter Season

Product Labeling, Consumer Behavior, & Effects on the Cattle Market

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