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WEDNESDAY WIRE: CHARTS & TRENDS

AI's growing energy needs are drawing attention, but the technology accounted for an estimated 0.5% of global electricity use in 2025. That share could rise quickly as AI-focused data centers drive much of the industry's growth through 2030. Do you think energy availability could become the biggest constraint on AI's growth?

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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!

DAILY MARKET SUMMARY

Tuesday, August 11

AUCTION SUMMARY

Joplin Regional Stockyards

3,680 Carthage, MO

Monday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
500-600 lbs 405.00-460.00 400-500 lbs 400.00-465.00
600-700 lbs 379.00-425.00 500-600 lbs 372.00-390.00
700-800 lbs 350.00-382.50 600-700 lbs 355.00-385.00
800-900 lbs 333.00-352.00 700-800 lbs 315.00-345.00
900-1000 lbs 321.00-337.00 800-900 lbs 328.00-347.00

Oklahoma National Stockyards

2,632 Oklahoma City, OK

Monday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
500-600 lbs 422.00-459.00 500-600 lbs 376.00-398.00
600-700 lbs 363.00-425.00 600-700 lbs 348.00-368.00
700-800 lbs 350.00-367.50 700-800 lbs 324.00-349.00
800-900 lbs 333.50-365.00 800-900 lbs 299.00-327.00
900-1000 lbs 304.00 900-1000 lbs 305.00

Giddings Livestock Auction

1,323 Giddings, TX

Monday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
300-400 lbs 488.00-625.00 300-400 lbs 460.00-520.00
400-500 lbs 428.00-495.00 400-500 lbs 410.00-440.00
500-600 lbs 380.00-443.00 500-600 lbs 340.00-400.00
600-700 lbs 350.00-385.00 600-700 lbs 320.00-350.00
700-800 lbs 318.00-345.00 700-800 lbs 300.00-315.00

CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT

Tuesday

Live Cattle Change  Feeder Cattle Change
Aug 232.750 0.525 Aug 350.175 0.575
Oct 226.325 0.575 Sep 345.250 0.675
Dec 225.700 0.250 Oct 336.700 0.825

CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS

Tuesday

Corn Change  Soy Beans Change
Sep 4.3675 0.0150 Aug 11.4750 0.1025
Dec 4.6050 0.0125 Sep 11.5150 0.1025
Mar 4.7600 0.0125 Nov 11.6875 0.1075

KANSAS CITY BOARD OF TRADE

Tuesday

  Wheat Change
Sep 6.9925 0.1425
Dec 7.1600 0.1525
Mar 7.2975 0.1475

ESTIMATED DAILY CATTLE SLAUGHTER

Tuesday 108,000 Monday
Week Ago (est)110,000 Steer & Heifer: 83,000
Year Ago (act)116,000 Cow & Bull: 13,000
Wk To Date (est)204,000
Last Week (est)200,000  
Last Year (est)218,000 

Tuesday, August 11

5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE

As of 10:00 amHead CountAvg WeightAvg Price
Live Steer 649 1,549 235.00
Live Heifer - - -
Dressed Steer - - -
Dressed Heifer - - -

DAILY ESTIMATED CUTOUT VALUES

600-900#ChoiceSelectChoice/Select Spread
Current Cutout Values: 371.31 349.80 21.51
Change from prior day: -0.11 -1.04  

DAILY CATTLE SLAUGHTER

Tuesday 108,000 Monday
Week Ago (est)110,000 Steer & Heifer: 83,000
Year Ago (act)115,729 Cow & Bull: 13,000
Wk To Date (est)204,000
Last Week (est)200,000  
Last Year (est)218,052 

Tuesday, August 11

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