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#BOTW - BEEF OF THE WEEK

MARKET REPORT

WEATHER 20/20 REPORT

AGRICULTURE

  • FARM BILL FUTURE UNCERTAIN

  • GRAIN CROPS BECOME BIOSENSORS

  • PROTEIN TUB TIP FIX

FINANCE

  • DAILY REPORTING

  • TIGHT SUPPLIES DRIVE BEEF PRICES

  • FARM ECONOMY STABILIZES, STILL STRAINED

  • GLOBAL TRADE RESETS CORN OUTLOOK

#BOTW - BEEF OF THE WEEK

Today’s #BOTW is a New York steak cut from Utah raised American Wagyu and cooked to perfection! This farm-to-fork delight comes from Bateman's Mosida Farms where they “do beef the right way”.

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DAILY MARKET SUMMARY
Close

363.15

Previous

362.37

Change

0.78 ▲

Wednesday, January 7

AUCTION SUMMARY

Beaver Livestock

7,188 Beaver, OK

Tuesday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
500-600 lbs464.00-475.00400-500 lbs455.00-497.50
600-700 lbs430.00-478.00500-600 lbs415.00-462.00
700-800 lbs367.00-390.00600-700 lbs372.50-391.00
800-900 lbs342.50-368.00700-800 lbs338.00-357.00
900-1000 lbs323.00-345.00800-900 lbs312.00-325.25

OKC West Livestock

4,700 El Reno, OK

Tuesday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
300-400 lbs580.00-650.00300-400 lbs490.00-620.00
400-500 lbs510.00-590.00 400-500 lbs430.00-540.00
500-600 lbs430.00-520.00500-600 lbs355.00-450.00
600-700 lbs385.00-455.00600-700 lbs340.00-387.50
700-800 lbs365.00-405.00700-800 lbs317.50-330.00

Kingsville Livestock

4,823 Kingsville, MO

Tuesday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
400-500 lbs542.50-571.00400-500 lbs435.00-530.00
500-600 lbs447.50-539.00500-600 lbs390.00-480.00
600-700 lbs389.00-465.00600-700 lbs365.00-408.00
700-800 lbs375.00-410.00700-800 lbs327.50-362.50
800-900 lbs343.00-369.00800-900 lbs310.00-322.00

CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT

Wednesday

Live Cattle Change  Feeder Cattle Change
Feb 234.525 2.100 Jan 359.600 2.575
Apr 235.175 2.200 Mar 355.500 3.525
Jun 230.025 2.050 Apr 354.675 3.450

CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS

Wednesday

Corn Change  Soy Beans Change
Mar 4.4675 0.0275 Jan 10.5275 0.1075
May 4.5400 0.0275 Mar 10.6700 0.1075
Jul 4.5975 0.0275 May 10.7875 0.1075

KANSAS CITY BOARD OF TRADE

Wednesday

  Wheat Change
Mar 5.3150 0.1000
May 5.4325 0.1000
Jul 5.5600 0.1000

ESTIMATED DAILY CATTLE SLAUGHTER

Wednesday 115,000 Tuesday
Week Ago (est)85,000 Steer & Heifer: 94,000
Year Ago (act)124,000 Cow & Bull: 24,000
Wk To Date (est)348,000  
Last Week (est)325,000  
Last Year (est)358,000  

Wednesday, January 7

5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE

As of 10:00 amHead CountAvg WeightAvg Price
Live Steer 99 1,426 232.00
Live Heifer 420 1,250 232.00
Dressed Steer 111 914 360.00
Dressed Heifer - - -

DAILY ESTIMATED CUTOUT VALUES

600-900#ChoiceSelectChoice/Select Spread
Current Cutout Values: 354.28 349.28 5.00
Change from prior day: +3.03 -1.80  

DAILY CATTLE SLAUGHTER

Wednesday 115,000 Tuesday
Week Ago 85,000 Steer & Heifer: 94,000
Year Ago (act) 123,606 Cow & Bull: 24,000
Week To Date 348,000  
Same Period Last Week 325,000  
Same Period Last Year 357,543  

Wednesday, January 7

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