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TUESDAY Q’S
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
FARM GROUPS SEEK EMERGENCY AID
WISCONSIN DAIRY FARMS CONSOLIDATE
KIDS GROWING AGRICULTURE’S FUTURE
FINANCE
DAILY REPORTING
REGIONAL AG SIGNALS MIXED
MARKET GAINS BROADEN BEYOND TECH
GOLD, SILVER SURGE ON TARIFFS
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Last Week’s Responses— 1/13
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(No FCI update 1/19/26 in observance of MLK Day)
Monday, January 19
AUCTION SUMMARY
Lexington Livestock
5,864 Lexington, NE
Friday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 476.00-512.00 | 400-500 lbs | 495.00-512.50 |
| 600-700 lbs | 397.00-450.00 | 500-600 lbs | 401.00-467.00 |
| 700-800 lbs | 360.00-396.00 | 600-700 lbs | 380.00-408.00 |
| 800-900 lbs | 347.00-360.50 | 700-800 lbs | 337.00-373.00 |
| 900-1000 lbs | - | 800-900 lbs | 319.50 |
Ft Pierre Livestock
5,146 Ft Pierre, SD
Friday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 460.00-547.50 | 400-500 lbs | 505.00-542.50 |
| 600-700 lbs | 401.00-460.00 | 500-600 lbs | 446.00-486.00 |
| 700-800 lbs | 386.00-432.00 | 600-700 lbs | 375.00-425.00 |
| 800-900 lbs | 373.50-384.00 | 700-800 lbs | 363.00-378.00 |
| 900-1000 lbs | 325.00 | 800-900 lbs | 346.00 |
Burwell Livestock Market
2,950 Burwell, NE
Friday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 490.00-542.50 | 300-400 lbs | 562.50 |
| 500-600 lbs | 472.50-552.00 | 400-500 lbs | 492.00 |
| 600-700 lbs | 410.00-457.50 | 500-600 lbs | 440.00-462.00 |
| 700-800 lbs | 375.00-405.00 | 600-700 lbs | 367.00-410.00 |
| 800-900 lbs | 344.00-385.75 | 700-800 lbs | 343.00-383.00 |
No livestock and grain futures updates 1/19/26 in observance of MLK Day
ESTIMATED DAILY CATTLE SLAUGHTER
| Monday | 105,000 | Friday |
| Week Ago (est) | 114,000 | Steer & Heifer: 69,000 |
| Year Ago (act) | 113,000 | Cow & Bull: 23,000 |
| Wk To Date (est) | 105,000 | Saturday |
| Last Week (est) | 114,000 | Steer & Heifer: 0 |
| Last Year (est) | 112,839 | Cow & Bull: 1,000 |
Monday, January 19
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | 22,237 | 1,566 | 232.50 |
| Live Heifer | 12,207 | 1,401 | 232.46 |
| Dressed Steer | 7,838 | 1,010 | 364.64 |
| Dressed Heifer | 2,716 | 899 | 364.82 |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 364.33 | 360.33 | 4.00 |
| Change from prior day: | +1.95 ▲ | +0.14 ▲ |
DAILY CATTLE SLAUGHTER
| Monday | 105,000 | Friday |
| Week Ago (est) | 114,000 | Steer & Heifer: 69,000 |
| Year Ago (act) | 112,839 | Cow & Bull: 23,000 |
| Wk To Date (est) | 105,000 | Saturday |
| Last Week (est) | 114,000 | Steer & Heifer: 0 |
| Last Year (est) | 112,839 | Cow & Bull: 1,000 |
NATIONAL WEEKLY CATTLE AND BEEF SUMMARY
NATIONAL COMPREHENSIVE BOXED BEEF
Week ending:
1/16/2026
| This Week | Prior Week | Last Year | |
| CUTOUT VALUES | 360.93 | 353.70 | 330.37 |
| Primal Rib | 500.78 | 504.32 | 521.16 |
| Primal Chuck | 332.74 | 323.80 | 293.60 |
| Primal Round | 315.31 | 307.20 | 291.42 |
| Primal Loin | 451.99 | 438.10 | 397.44 |
5 AREA WEEKLY WEIGHTED CATTLE PRICE
Week ending:
1/16/2026
| This Week | Prior Week | Last Year | |
| Live Steer | 232.50 | 231.86 | 203.67 |
| Live Heifer | 232.46 | 232.30 | 203.27 |
| Dressed Steer | 364.64 | 364.99 | 321.98 |
| Dressed Heifer | 364.82 | 364.85 | 322.51 |
WEEKLY ESTIMATED BEEF PRODUCTION
Week ending:
1/16/2026
| This Week | Prior Week | Last Year | |
| 1/16/2026 | (Estimate) | (Estimate) | (Actual) |
| Slaughter | 562,000 | 553,000 | 601,000 |
| Live Weights | 1468 | 1465 | 1444 |
| Dressed Weights | 897 | 894 | 874 |
| Beef Production (mil lbs) | 502.4 | 493.3 | 524.6 |
John opens with a strong market week and even stronger prices on lightweight calves, then the episode turns into a blunt reality check on Canada’s new cattle traceability rules. The core issue is not tagging cattle. It’s the expectation that producers log every movement, location, and ID detail within seven days, even in real-world ranch scenarios where premise IDs don’t exist, cattle are commingled, and logistics change mid-haul. John lays out why the policy reads clean on a PowerPoint but collapses the second it hits pasture gates, portable pens, community grazing, and normal neighbor-help situations. The takeaway is simple: paperwork doesn’t stop disease, but it can absolutely stop commerce.
Takeaways:
The cattle market stayed strong again this week, with lightweight steer calves continuing to climb and heavy steers also higher.
Some heifer classes were steadier this week, but the overall tone stayed firm to higher.
Regional markets were also higher, with places like Salina showing eye-watering strength on multiple weight classes.
Canada’s updated cattle traceability requirements push the reporting burden onto the producer with tight timelines.
The policy assumes every location has a usable premise ID, but many real grazing setups do not.
Portable pens, remote pastures, commingled grazing, and mixed ownership areas make “perfect traceability” unrealistic in practice.
Everyday ranch logistics break the system: split loads, last-minute hauling help, gate cuts, multiple drop locations, and cows that blend back into big groups.
The rule set creates a bookkeeping and compliance nightmare that will hit small and mid-sized producers hardest.
John’s argument is that this goes beyond disease traceability and drifts toward data collection that can later be used to control behavior and participation.
The biggest risk is policy creep: once the framework exists, fines and enforcement become the lever that forces consolidation.
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(No LRPs published 1/19/26 in observance of MLK Day)
Monday, January 19
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SNOW DROUGHT AND THE ANCHOR RIDGE
Colorado is currently experiencing the lowest snowpack in recorded history.
As of January 18, 2026, the statewide snow water equivalent (SWE) is at its lowest level ever observed for this point in the season, as shown in the chart below.
This unprecedented snow drought is a direct reflection of the broader winter pattern we’ve been tracking… Upgrade account to read the rest.
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