- LIMITED ACCESS -
WEDNESDAY WIRE
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
PROSPECTIVE PLANTINGS REPORT SETS STAGE
FARM GROUPS URGE 199A PERMANENCE
NC TARGETS FOREIGN FARMLAND OWNERSHIP
FINANCE
DAILY REPORTING
CLEAN ENERGY FUELS ECONOMIC REVOLUTION
JULY CORN FUTURES SHOW STRENGTH
BLUE-CHIP ART MARKET GROWS
DID YOU KNOW that there are over 510 million square kilometers of area on the surface of Earth, but less than 30% of this is covered by land? The rest is water in the form of vast oceans with 43% being the “lawless” International Waters. Are you surprised by this? Leave your thoughts in a comment below! |
P.S. - Have a chart or trend you think should be featured in next week’s Wednesday Wire? DM us on Instagram @cattleusa.media with your submission! |
Tuesday, April 08
AUCTION SUMMARY
Russell Livestock Feeder Cattle
3,940 Russell, IA
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 384.00-450.00 | 300-400 lbs | 375.00-390.00 |
| 500-600 lbs | 340.00-383.50 | 400-500 lbs | 340.00-395.00 |
| 600-700 lbs | 315.00-355.00 | 500-600 lbs | 290.00-348.00 |
| 700-800 lbs | 272.00-323.50 | 600-700 lbs | 271.00-313.00 |
| 800-900 lbs | 247.00-285.00 | 700-800 lbs | 250.00-277.00 |
Joplin Regional Stockyards
3,257 Carthage, MO
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 375.00-400.00 | 400-500 lbs | 320.00-355.00 |
| 500-600 lbs | 330.00-346.00 | 500-600 lbs | 298.00-320.00 |
| 600-700 lbs | 300.00-330.00 | 600-700 lbs | 267.00-285.00 |
| 700-800 lbs | 276.00-294.00 | 700-800 lbs | 253.00-267.00 |
| 800-900 lbs | 265.00-279.00 | 800-900 lbs | 241.00-250.00 |
Sioux Falls Regional Cattle Auction
2,703 Worthing, SD
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 362.50-390.00 | 500-600 lbs | 288.00-348.00 |
| 600-700 lbs | 314.00-345.00 | 600-700 lbs | 290.00-311.00 |
| 700-800 lbs | 292.50-320.00 | 700-800 lbs | 254.25-288.50 |
| 800-900 lbs | 277.00-300.00 | 800-900 lbs | 240.00-252.75 |
| 900-1000 lbs | 269.00 | 900-1000 lbs | 242.00 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Tuesday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Apr | 199.100 | 0.175 ▲ | Apr | 280.425 | 2.600 ▲ |
| Jun | 193.625 | 0.550 ▼ | May | 271.725 | 0.450 ▲ |
| Aug | 190.450 | 0.075 ▼ | Aug | 277.600 | 0.450 ▼ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Tuesday
| Corn | Change | Soy Beans | Change | ||
| May | 4.6900 | 0.0450 ▲ | May | 9.9275 | 0.0975 ▲ |
| Jul | 4.7475 | 0.0400 ▲ | Jul | 10.0400 | 0.0700 ▲ |
| Sep | 4.3875 | 0.0025 ▼ | Aug | 9.9675 | 0.0425 ▲ |
KANSAS CITY BOARD OF TRADE
Tuesday
| Wheat | Change | ||||
| May | 5.6150 | 0.0225 ▲ | |||
| Jul | 5.7500 | 0.0225 ▲ | |||
| Sep | 5.8975 | 0.0300 ▲ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Tuesday | 122,000 | Monday |
| Week Ago (est) | 123,000 | Steer & Heifer: 84,000 |
| Year Ago (act) | 123,000 | Cow & Bull: 20,000 |
| Wk To Date (est) | 226,000 | |
| Last Week (est) | 227,000 | |
| Last Year (est) | 244,000 |
Tuesday, April 08
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | 118 | 1,486 | 205.19 |
| Live Heifer | 55 | 1,250 | 204.00 |
| Dressed Steer | - | - | - |
| Dressed Heifer | - | - | - |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 338.10 | 322.06 | 16.04 |
| Change from prior day: | -1.40 ▼ | +2.76 ▲ |
DAILY CATTLE SLAUGHTER
| Tuesday | 122,000 | Monday |
| Week Ago | 120,000 | Steer & Heifer: 84,000 |
| Year Ago (act) | 123,426 | Cow & Bull: 20,000 |
| Week To Date | 226,000 | |
| Same Period Last Week | 227,000 | |
| Same Period Last Year | 243,810 |
Tuesday, April 08
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