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#BOTW - BURGER OF THE WEEK
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
CATTLE CYCLE’S UNCERTAIN NEW CHAPTER
MONTANA OPENS PREDATOR GRANT ROUND
TEXAS OPENS REPRO SCIENCE HUB
FINANCE
DAILY REPORTING
TOKENIZING AGRICULTURE WITH AGRIDEX
AGRICULTURE INDEX RISES DESPITE HEADWINDS
OIL, GOLD ETFS REGAIN FAVOR
When it comes to burgers, you can’t go wrong with a classic!
This Double-Double from In-N-Out has all the fixin’s you’d want,
wrapped up and ready to go.
Have you tried this California cult classic?
What would you rate this #BOTW?
P.S. Know of a burger worth featuring? DM us on Instagram @cattleusa.media with your submission—we might showcase it next!
Wednesday, May 07
AUCTION SUMMARY
In case you missed it— Auction summaries from Tuesday’s report.
Joplin Regional Stockyards
7,364 Carthage, MO
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 405.00-470.00 | 400-500 lbs | 360.00-445.00 |
| 500-600 lbs | 365.00-435.00 | 500-600 lbs | 317.50-3.82.50 |
| 600-700 lbs | 325.00-385.00 | 600-700 lbs | 289.00-325.00 |
| 700-800 lbs | 293.00-328.00 | 700-800 lbs | 259.00-295.00 |
| 800-900 lbs | 273.00-290.00 | 800-900 lbs | 255.50-284.50 |
Russell Livestock Auciton
4,474 Russell, IA
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 428.00-500.00 | 400-500 lbs | 367.00-450.00 |
| 500-600 lbs | 365.00-428.00 | 500-600 lbs | 335.00-367.00 |
| 600-700 lbs | 335.00-391.50 | 600-700 lbs | 282.50-335.00 |
| 700-800 lbs | 285.00-330.00 | 700-800 lbs | 279.00-303.00 |
| 800-900 lbs | 280.00-311.00 | 800-900 lbs | 275.00-290.00 |
Oklahoma National Stockyards
4,200 Oklahoma City, OK
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 365.00-417.50 | 400-500 lbs | 353.00-405.00 |
| 600-700 lbs | 324.00-367.00 | 500-600 lbs | 318.00-350.00 |
| 700-800 lbs | 301.00-326.00 | 600-700 lbs | 297.00-318.00 |
| 800-900 lbs | 279.00-293.00 | 700-800 lbs | 269.00-296.00 |
| 900-1000 lbs | 266.25-286.10 | 800-900 lbs | 253.00-272.00 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Wednesday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Jun | 212.525 | 1.150 ▼ | May | 294.450 | 1.250 ▼ |
| Aug | 208.375 | 1.000 ▼ | Aug | 298.600 | 0.600 ▼ |
| Oct | 206.175 | 0.700 ▼ | Sep | 297.325 | 0.550 ▼ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Wednesday
| Corn | Change | Soy Beans | Change | ||
| May | 4.4100 | 0.0650 ▼ | May | 10.3050 | 0.0425 ▼ |
| Jul | 4.4925 | 0.0625 ▼ | Jul | 10.3925 | 0.0200 ▼ |
| Sep | 4.2950 | 0.0075 ▼ | Aug | 10.3550 | 0.0025 ▼ |
KANSAS CITY BOARD OF TRADE
Wednesday
| Wheat | Change | ||||
| May | 5.1750 | 0.0725 ▼ | |||
| Jul | 5.2950 | 0.0850 ▼ | |||
| Sep | 5.4375 | 0.0775 ▼ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Wednesday | 119,000 | Tuesday |
| Week Ago (est) | 121,000 | Steer & Heifer: 99,000 |
| Year Ago (act) | 122,000 | Cow & Bull: 22,000 |
| Wk To Date (est) | 349,000 | |
| Last Week (est) | 345,000 | |
| Last Year (est) | 363,000 |
Wednesday, May 07
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | 4,148 | 1,445 | 218.82 |
| Live Heifer | 5,486 | 1,265 | 218.31 |
| Dressed Steer | - | - | - |
| Dressed Heifer | - | - | - |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 346.15 | 334.00 | 12.15 |
| Change from prior day: | +1.48 ▲ | +1.03 ▲ |
DAILY CATTLE SLAUGHTER
| Wednesday | 119,000 | Tuesday |
| Week Ago | 121,000 | Steer & Heifer: 99,000 |
| Year Ago (act) | 121,972 | Cow & Bull: 22,000 |
| Week To Date | 349,000 | |
| Same Period Last Week | 345,000 | |
| Same Period Last Year | 363,028 |
Wednesday, May 07
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