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WEDNESDAY WIRE

MARKET REPORT

WEATHER 20/20 REPORT

AGRICULTURE

  • FARM FAMILIES DEFINE TRUE RESILIENCE

  • MENTAL HEALTH SUPPORT REACHES FARMERS

  • PROTECT BULL INVESTMENT WITH MANAGEMENT

FINANCE

  • DAILY REPORTING

  • AG TAXES DEMAND EXPERT GUIDANCE

  • MIXED MARKETS AMID WAR FOCUS

  • MARKETS BRACE FOR IRAN DEADLINE

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WEDNESDAY WIRE: CHARTS & TRENDS

A year after sweeping tariffs, companies are still adjusting to shifting trade policies. Many absorbed or passed on costs, while industries like retail and autos face supply chain overhauls. Despite legal challenges and policy changes, firms are diversifying sourcing—though progress is gradual as uncertainty persists.

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DAILY MARKET SUMMARY

Tuesday, April 07

AUCTION SUMMARY

Joplin Regional Stockyards

7,808 Carthage, MO

Monday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
500-600 lbs500.00-575.00400-500 lbs480.00-620.00
600-700 lbs420.00-500.00 500-600 lbs415.00-510.00
700-800 lbs384.00-430.00600-700 lbs370.00-430.00
800-900 lbs348.00-383.00700-800 lbs331.00-377.00
900-1000 lbs326.00-347.00800-900 lbs327.00-347.00

Oklahoma National Stockyards

2,733 Oklahoma City, OK

Monday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
500-600 lbs462.00-518.00400-500 lbs454.00-500.00
600-700 lbs411.00-456.00 500-600 lbs405.00-462.00
700-800 lbs364.00-408.00600-700 lbs358.00-421.00
800-900 lbs345.00-374.00700-800 lbs339.00-364.00
900-1000 lbs327.00-344.50800-900 lbs318.00-334.50

Sioux Falls Regional

2,609 Worthing, SD

Monday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
500-600 lbs477.50-530.00500-600 lbs-
600-700 lbs414.00-435.00600-700 lbs383.00-407.50
700-800 lbs390.00-419.00700-800 lbs341.00-385.50
800-900 lbs346.00-375.00800-900 lbs314.25-341.50
900-1000 lbs326.00-343.00900-1000 lbs300.50-318.25

CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT

Tuesday

Live Cattle Change  Feeder Cattle Change
Apr 248.200 0.175 Apr 368.900 3.125
Jun 245.800 1.225 May 366.625 3.725
Aug 242.375 0.500 Aug 366.050 3.775

CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS

Tuesday

Corn Change  Soy Beans Change
May 4.4900 0.0500 May 11.5825 0.0850
Jul 4.6000 0.0525 Jul 11.7450 0.0875
Sep 4.6400 0.0500 Aug 11.7050 0.0775

KANSAS CITY BOARD OF TRADE

Tuesday

  Wheat Change
May 6.0750 0.0075
Jul 6.2300 0.0075
Sep 6.3725 0.0075

ESTIMATED DAILY CATTLE SLAUGHTER

Tuesday 113,000 Monday
Week Ago (est)108,000 Steer & Heifer: 81,000
Year Ago (act)121,000 Cow & Bull: 17,000
Wk To Date (est)211,000  
Last Week (est)217,000  
Last Year (est)227,000  

Tuesday, April 07

5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE

As of 10:00 amHead CountAvg WeightAvg Price
Live Steer - - -
Live Heifer - - -
Dressed Steer - - -
Dressed Heifer - - -

DAILY ESTIMATED CUTOUT VALUES

600-900#ChoiceSelectChoice/Select Spread
Current Cutout Values: 382.74 386.33 -3.59
Change from prior day: -5.30 -2.04  

DAILY CATTLE SLAUGHTER

Tuesday 113,000 Monday
Week Ago 108,000 Steer & Heifer: 81,000
Year Ago (act) 121,390 Cow & Bull: 17,000
Week To Date 211,000  
Same Period Last Week 217,000  
Same Period Last Year 226,921  

Tuesday, April 07

Join us for a 30-minute interactive webinar built specifically for cow/calf producers looking to better understand and use Livestock Risk Protection (LRP).

We’ll walk through how LRP works, what’s actually at risk in your operation, and how to apply it in real-world scenarios.

We’ll also cover how pricing differs between calves and yearlings, and how to read LRP quotes so you know exactly what you’re getting.

You’ll learn:

  • LRP fundamentals — what it is and how it works

  • What’s at risk in your operation and how to manage it

  • How to apply LRP in real-world scenarios

  • Price adjustment factors (calves vs. yearlings)

  • What basis risk is and why it matters

  • How to read and understand LRP quotes 

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.

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