“We are not here to curse the darkness,

but to light the candle that can guide us through that darkness

to a safe and sane future.”

– John F. Kennedy

DAILY MARKET SUMMARY

  • FEEDER CATTLE INDEX

  • DAILY CATTLE & BEEF

  • DAILY FEEDER & STOCKER

  • LRP WEBINAR SIGN UP

  • CATTLEUSA INSURANCE LOGIC AG MARKETING COMMENTARY

WEATHER 20/20 ENERGY & AG REPORT

  • FEBRUARY & SPRING INSIGHTS W/ GARY LEZAK

  • SOUTH AMERICA RAINFALL - LAST 72 HOURS

AGRICULTURE:

  • EMPOWERING WOMEN IN AGRICULTURE ONLINE

  • CONNECTICUT INVESTS IN FARM GROWTH

  • PLANTS REDUCE ANTIBIOTIC RESISTANCE SPREAD

FINANCE

  • DAILY REPORTING

  • FOCUS ON ECONOMIC STRENGTH

  • NATURAL GAS PRICES DROP ON WARM FORECASTS

  • STOCK FUTURES RISE BEFORE INFLATION DATA

DAILY MARKET SUMMARY

Monday, February 24

5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE

As of 10:00 amHead CountAvg WeightAvg Price
Live Steer 17,068 1,495 199.64
Live Heifer 8,277 1,370 199.43
Dressed Steer 4,854 968 315.12
Dressed Heifer 1,273 874 315.18

DAILY ESTIMATED CUTOUT VALUES

600-900#ChoiceSelectChoice/Select Spread
Current Cutout Values: 313.73 303.97 9.76
Change from prior day: +2.96 +1.41  

DAILY CATTLE SLAUGHTER

Monday 95,000 Friday
Week Ago 95,000 Steer & Heifer: 87,000
Year Ago (act) 121,493 Cow & Bull: 20,000
Week To Date 95,000 Saturday
Same Period Last Week 95,000 Steer & Heifer: 12,000
Same Period Last Year 121,493 Cow & Bull: 3,000

Monday, February 24

AUCTION SUMMARY

Ft. Pierre Livestock Auction

4,039 Ft. Pierre, SD

Friday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
500-600 lbs 377.50-391.00 300-400 lbs 352.50-380.00
600-700 lbs 315.00-350.00 400-500 lbs 345.00-355.00
700-800 lbs 297.00-311.00 500-600 lbs 312.50-341.00
800-900 lbs 273.50-293.50 600-700 lbs 281.00-309.00
900-1000 lbs 278.00 700-800 lbs 270.00-297.00

Ericson Livestock Market

3,160 Ericson, NE

Saturday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
400-500 lbs 390.00 400-500 lbs 340.00-367.50
500-600 lbs 363.00-377.00 500-600 lbs 305.00-321.00
600-700 lbs 309.50-352.00 600-700 lbs 289.00-311.00
700-800 lbs 292.50-315.00 700-800 lbs 260.00-281.50
800-900 lbs 270.75-287.50 800-900 lbs 259.50

Dunlap Livestock Feeder Cattle

1,675 Dunlap, IA

Friday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
400-500 lbs 346.00-423.00 400-500 lbs 329.00-362.00
500-600 lbs 357.50-360.00 500-600 lbs 293.50-320.50
600-700 lbs 299.50-343.50 600-700 lbs 274.50-293.00
700-800 lbs 270.00-296.50 700-800 lbs 250.00-271.00
800-900 lbs 260.00-274.50 800-900 lbs 248.50-262.75

CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT

Monday

Live Cattle Change  Feeder Cattle Change
Feb 198.900 1.075 Mar 272.300 4.350
Apr 195.100 1.150 Apr 272.025 4.475
Jun 191.400 1.075 May 270.350 4.425

CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS

Monday

Corn Change  Soy Beans Change
Mar 4.8250 0.0875 Mar 10.2900 0.1050
May 4.9700 0.0800 May 10.4750 0.0975
Jul 5.0200 0.0750 Jul 10.6325 0.0975

KANSAS CITY BOARD OF TRADE

Monday

  Wheat Change
  Mar 5.9650 0.1275
  May 6.0950 0.1225
  Jul 6.2200 0.1175

ESTIMATED DAILY CATTLE SLAUGHTER

Monday 95,000 Friday
Week Ago (est)95,000 Steer & Heifer: 87,000
Year Ago (act)122,000 Cow & Bull: 20,000
Wk To Date (est)- Saturday
Last Week (est)- Steer & Heifer: 12,000
Last Year (est)- Cow & Bull: 3,000

Monday, February 24

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WEATHER 20/20 REPORT

February Weather Insights & Upcoming Spring w/ Gary Lezak - CattleUSA Daily Pod

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