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MARKET REPORT

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  • THREE REVOLUTIONS OF U.S. FARMING

  • PURDUE’S SOYBEAN SHOWCASE RETURNS

  • CORN POLLINATION PROBLEMS WIDEN

FINANCE

  • DAILY REPORTING

  • CATTLE REPORT HINTS AT STABILITY

  • CORN BULLS FACE TOUGH ROAD

  • MARKETS STEADY AHEAD OF BUSY WEEK

TUESDAY Q-SDAY

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Last Week’s Responses— 7/22

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DAILY MARKET SUMMARY

Monday, July 28

AUCTION SUMMARY

Ft. Pierre Livestock Auction

4,805 Ft. Pierre, SD

Friday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
500-600 lbs408.00-475.00500-600 lbs395.00-427.50
600-700 lbs371.00-390.00600-700 lbs348.00-374.00
700-800 lbs350.00-390.00700-800 lbs326.00-347.00
800-900 lbs310.50-348.00800-900 lbs279.00-324.00
900-1000 lbs308.00-327.00900-1000 lbs289.50-307.50

Lexington Livestock Market

1,665 Lexington, NE

Friday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
600-700 lbs-500-600 lbs-
700-800 lbs-600-700 lbs-
800-900 lbs-700-800 lbs316.00-333.00
900-1000 lbs325.75-328.00800-900 lbs308.25-316.00
1000-1100 lbs296.00-314.50900-1000 lbs299.00

Winter Livestock

7,806 Dodge City, KS

Saturday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
600-700 lbs382.00-404.00400-500 lbs404.00-425.00
700-800 lbs332.00-366.00500-600 lbs364.00-390.50
800-900 lbs323.00-342.25600-700 lbs346.00-372.00
900-1000 lbs305.85-329.50700-800 lbs313.00-348.25
1000-1100 lbs294.50-303.25800-900 lbs309.00-316.50

CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT

Monday

Live Cattle Change  Feeder Cattle Change
Aug 227.875 1.400 Aug 333.525 2.150
Oct 224.775 1.625 Sep 334.550 2.350
Dec 225.350 1.875 Oct 333.350 2.350

CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS

Monday

Corn Change  Soy Beans Change
Sep 3.9375 0.0575 Aug 9.8875 0.1000
Dec 4.1400 0.0500 Sep 9.9250 0.0950
Mar 4.3125 0.0525 Nov 10.1150 0.0950

KANSAS CITY BOARD OF TRADE

Monday

  Wheat Change
Sep 5.2600 0.0050
Dec 5.4675 0.0100
Mar 5.6725 0.0100

ESTIMATED DAILY CATTLE SLAUGHTER

Monday 108,000 Friday
Week Ago (est)105,000 Steer & Heifer: 76,000
Year Ago (act)114,000 Cow & Bull: 20,000
Wk To Date (est)108,000 Saturday
Last Week (est)105,000 Steer & Heifer: 4,000
Last Year (est)114,000 Cow & Bull: 1,000

Monday, July 28

5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE

As of 10:00 amHead CountAvg WeightAvg Price
Live Steer 21,997 1,491 239.38
Live Heifer 6,684 1,334 237.99
Dressed Steer 8,909 981 379.50
Dressed Heifer 1,232 845 379.22

DAILY ESTIMATED CUTOUT VALUES

600-900#ChoiceSelectChoice/Select Spread
Current Cutout Values: 367.73 346.85 20.88
Change from prior day: +1.05 +1.98  

DAILY CATTLE SLAUGHTER

Monday 108,000 Friday
Week Ago 105,000 Steer & Heifer: 76,000
Year Ago (act) 114,308 Cow & Bull: 20,000
Week To Date 108,000 Saturday
Same Period Last Week 105,000 Steer & Heifer: 4,000
Same Period Last Year 114,308 Cow & Bull: 1,000

Monday, July 28

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