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TUESDAY Q’S

MARKET REPORT

WEATHER 20/20 REPORT

AGRICULTURE

  • PENN STATE TRAINS AI AG LEADERS

  • DRONE SYSTEM BOOSTS CATTLE CARE

  • BEEF IMPORT PLAN SPARKS CONCERN

FINANCE

  • DAILY REPORTING

  • TRADE TURMOIL THREATENS FARM STABILITY

  • SHUTDOWN DEEPENS AMID POLICY CLASH

  • GOLD REGAINS GROUND AFTER DIP

TUESDAY Q-SDAY

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Last Week’s Responses— 10/14

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DAILY MARKET SUMMARY

Monday, October 20

AUCTION SUMMARY

Ft. Pierre Livestock Auction

7,028 Ft. Pierre, SD

Friday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
400-500 lbs532.50-645.00400-500 lbs492.50-542.50
500-600 lbs466.00-546.00 500-600 lbs411.00-485.00
600-700 lbs444.00-491.00600-700 lbs-
700-800 lbs353.00-399.00 700-800 lbs361.00
800-900 lbs366.00-377.50800-900 lbs325.00-338.00

Crawford Livestock Market

5,257 Crawford, NE

Friday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
300-400 lbs655.00-705.00300-400 lbs570.00-610.00
400-500 lbs532.00-595.00400-500 lbs470.00-520.00
500-600 lbs455.00-547.50500-600 lbs406.00-432.50
600-700 lbs395.00-476.00600-700 lbs400.00-407.50
700-800 lbs355.00-380.00 700-800 lbs-

Herreid Livestock

3,270 Herreid, SD

Friday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
500-600 lbs456.00-514.00500-600 lbs385.00-465.00
600-700 lbs435.50-481.50600-700 lbs388.00
700-800 lbs386.75-398.00700-800 lbs362.50
800-900 lbs370.00-384.00800-900 lbs341.00-363.50
900-1000 lbs350.75-372.50900-1000 lbs330.50-355.50

CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT

Monday

Live Cattle Change  Feeder Cattle Change
Oct 241.850 1.600 Oct 372.950 1.000
Dec 243.650 1.825 Nov 372.675 0.975
Feb 244.525 1.700 Jan 369.175 0.125

CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS

Monday

Corn Change  Soy Beans Change
Dec 4.2325 0.0075 Nov 10.3175 0.1225
Mar 4.3700 0.0050 Jan 10.5000 0.1325
May 4.4525 0.0025 Mar 10.6400 0.1325

KANSAS CITY BOARD OF TRADE

Monday

  Wheat Change
Dec 4.9000 0.0150
Mar 5.0950 0.0150
May 5.2300 0.0200

ESTIMATED DAILY CATTLE SLAUGHTER

Monday 95,000 Friday
Week Ago (est)106,000 Steer & Heifer: 71,000
Year Ago (act)120,000 Cow & Bull: 21,000
Wk To Date (est)95,000 Saturday
Last Week (est)106,000 Steer & Heifer: 7,000
Last Year (est)120,000 Cow & Bull: 2,000

Monday, October 20

5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE

As of 10:00 amHead CountAvg WeightAvg Price
Live Steer 35,072 1,556 239.82
Live Heifer 13,750 1,366 239.83
Dressed Steer 6,256 1,026 372.43
Dressed Heifer 1,461 879 372.21

DAILY ESTIMATED CUTOUT VALUES

600-900#ChoiceSelectChoice/Select Spread
Current Cutout Values: 369.18 353.46 15.72
Change from prior day: +2.41 +3.19  

DAILY CATTLE SLAUGHTER

Monday 95,000 Friday
Week Ago (est)106,000 Steer & Heifer: 71,000
Year Ago (act)119,716 Cow & Bull: 21,000
Wk To Date (est)95,000 Saturday
Last Week (est)106,000 Steer & Heifer: 7,000
Last Year (est)119,716 Cow & Bull: 2,000
ASK JOHN

Cattle prices are climbing, but not every producer is seeing the benefit. In this episode of the CattleUSA Daily Podcast, Lauren Moylan and John Campbell unpack the latest market trends and the growing impact of vertical integration across the beef industry. They discuss how market concentration is squeezing independent producers, what it means for the future of food supply, and why it’s time for ranchers to take a stand for fair competition. From the sale barn to the Capitol, this episode digs into what’s really shaping the cattle market today.

Takeaways:

  • The cattle market has seen consistent price increases this week.

  • Vertical integration is leading to a concentration of power in the food supply.

  • Independent producers are facing significant challenges due to market monopolies.

  • Producers need to be proactive in voicing their concerns to representatives.

  • The current market dynamics are influenced by weather and feed availability.

  • There is a need for a more balanced approach to food production and supply.

  • The concentration of the market can lead to vulnerabilities in food security.

  • Producers should engage in discussions beyond local coffee shops to effect change.

  • The importance of self-sustainability in the agricultural sector is paramount.

  • The future of independent producers depends on restoring competition in the market.

Have a topic you want to hear discussed? Use the button below to send us your request and tune in to CattleUSA TV on YouTube to see the answer 🤠

*Do not include personal details like addresses, passwords, financial information or other sensitive data*

Monday, October 20

Click here to connect with a CattleUSA Insurance representative

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results.

Review our full disclaimer at https://www.logicag.com/disclaimer

WEATHER 20/20 REPORT

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