- LIMITED ACCESS -
WEDNESDAY WIRE
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
MIDWEST CROPS SHOW STRONG POTENTIAL
FENNIMORE’S WEED-FREE FAREWELL
SOLAR PANELS ABOVE RICE FIELDS
FINANCE
DAILY REPORTING
ASSUMPTIONS CAN MISLEAD BUSINESS RESEARCH
FUTURES RISE ON EARNINGS, RATE CUT HOPES
STOCKS SLIP AMID TRADE, EARNINGS
Corn you believe this data? A lot of people in the comments were surprised that Washington and Arizona have such a high output. Which state surprised you? Join the conversation - comment online!
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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! |
Tuesday, August 05
AUCTION SUMMARY
Joplin Regional Stockyards
8,068 Carthage, MO
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 380.00-465.00 | 400-500 lbs | 395.00-450.00 |
| 600-700 lbs | 350.00-425.00 | 500-600 lbs | 345.00-400.00 |
| 700-800 lbs | 333.00-372.00 | 600-700 lbs | 334.00-378.00 |
| 800-900 lbs | 320.00-346.00 | 700-800 lbs | 318.00-347.50 |
| 900-1000 lbs | 306.00-326.50 | 800-900 lbs | 297.00-311.00 |
Oklahoma National Stockyards
5,926 Oklahoma City, OK
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 387.50-438.00 | 400-500 lbs | 377.50-437.50 |
| 600-700 lbs | 353.00-408.00 | 500-600 lbs | 357.50-412.50 |
| 700-800 lbs | 334.00-374.00 | 600-700 lbs | 331.00-369.00 |
| 800-900 lbs | 320.00-345.00 | 700-800 lbs | 299.00-337.00 |
| 900-1000 lbs | 300.00-326.25 | 800-900 lbs | 303.00-305.00 |
Sioux Falls Regional
2,016 Worthing SD
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | - | 500-600 lbs | 410.00 |
| 600-700 lbs | 395.00-410.00 | 600-700 lbs | 352.50-369.00 |
| 700-800 lbs | 347.00-380.00 | 700-800 lbs | 338.00-362.50 |
| 800-900 lbs | 322.00-326.00 | 800-900 lbs | 297.00-328.00 |
| 900-1000 lbs | 316.00-318.50 | 900-1000 lbs | 302.50 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Tuesday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Aug | 234.275 | 3.375 ▲ | Aug | 341.050 | 5.650 ▲ |
| Oct | 227.100 | 3.000 ▲ | Sep | 339.550 | 5.100 ▲ |
| Dec | 228.150 | 3.150 ▲ | Oct | 337.825 | 5.425 ▲ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Tuesday
| Corn | Change | Soy Beans | Change | ||
| Sep | 3.8150 | 0.0550 ▼ | Aug | 9.6900 | unchanged |
| Dec | 4.0200 | 0.0500 ▼ | Sep | 9.7150 | 0.0375 ▼ |
| Mar | 4.2000 | 0.0475 ▼ | Nov | 9.9075 | 0.0375 ▼ |
KANSAS CITY BOARD OF TRADE
Tuesday
| Wheat | Change | ||||
| Sep | 5.0450 | 0.1250 ▼ | |||
| Dec | 5.2525 | 0.1225 ▼ | |||
| Mar | 5.4450 | 0.1225 ▼ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Tuesday | 115,000 | Monday |
| Week Ago (est) | 113,000 | Steer & Heifer: 83,000 |
| Year Ago (act) | 122,000 | Cow & Bull: 18,000 |
| Wk To Date (est) | 216,000 | |
| Last Week (est) | 221,000 | |
| Last Year (est) | 239,000 |
Tuesday, August 05
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | 124 | 1,514 | 240.00 |
| Live Heifer | - | - | - |
| Dressed Steer | - | - | - |
| Dressed Heifer | - | - | - |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 369.94 | 345.94 | 24.00 |
| Change from prior day: | +4.15 ▲ | +4.35▲ |
DAILY CATTLE SLAUGHTER
| Tuesday | 115,000 | Monday |
| Week Ago | 113,000 | Steer & Heifer: 83,000 |
| Year Ago (act) | 121,610 | Cow & Bull: 18,000 |
| Week To Date | 216,000 | |
| Same Period Last Week | 221,000 | |
| Same Period Last Year | 238,589 |
Tuesday, August 05
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