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WEDNESDAY WIRE
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
FOOD SECURITY STRENGTHENS NATIONAL DEFENSE
TEACHING SYSTEMS THINKING IN AGRICULTURE
GRASSLANDS KEY TO HERD GROWTH
FINANCE
DAILY REPORTING
CASH STRENGTH LIFTS CATTLE FUTURES
COMMODITIES SURGE AMID GLOBAL UNCERTAINTY
STOCKS MIXED AFTER CPI
The AXA 2025 Global Risks Report, based on a survey of 3,595 risk management experts in 57 countries, reveals that climate change remained the top global risk in 2025. Geopolitical tensions, cyber threats, and fast-emerging AI risks remain high, while aging populations raise new concerns about workforce strain and potential healthcare system collapse.
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Tuesday, January 13
AUCTION SUMMARY
Joplin Regional Stockyards
13,672 Carthage, MO
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 490.00-600.00 | 400-500 lbs | 440.00-520.00 |
| 500-600 lbs | 430.00-535.00 | 500-600 lbs | 380.00-440.00 |
| 600-700 lbs | 380.00-440.00 | 600-700 lbs | 342.00-396.00 |
| 700-800 lbs | 350.00-390.50 | 700-800 lbs | 320.00-357.00 |
| 800-900 lbs | 343.00-362.00 | 800-900 lbs | 305.00-326.00 |
Oklahoma National Stockyards
11,549 Oklahoma City, OK
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 427.50-535.00 | 400-500 lbs | 435.00-505.00 |
| 600-700 lbs | 378.00-460.00 | 500-600 lbs | 360.00-447.50 |
| 700-800 lbs | 348.00-395.00 | 600-700 lbs | 342.00-397.00 |
| 800-900 lbs | 324.00-365.00 | 700-800 lbs | 328.00-357.00 |
| 900-1000 lbs | 313.00-334.00 | 800-900 lbs | 309.50-327.00 |
Sioux Falls Regional
5,330 Worthing, SD
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 427.50-547.50 | 400-500 lbs | 470.00-515.00 |
| 600-700 lbs | 395.00-465.00 | 500-600 lbs | 407.50-490.00 |
| 700-800 lbs | 364.00-418.00 | 600-700 lbs | 369.00-421.00 |
| 800-900 lbs | 351.00-376.00 | 700-800 lbs | 336.00-380.00 |
| 900-1000 lbs | 340.00-353.00 | 800-900 lbs | 321.50-346.00 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Tuesday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Feb | 237.250 | 2.000 ▲ | Jan | 366.275 | 4.225 ▲ |
| Apr | 238.975 | 2.900 ▲ | Mar | 362.125 | 5.950 ▲ |
| Jun | 233.400 | 2.800 ▲ | Apr | 360.600 | 6.150 ▲ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Tuesday
| Corn | Change | Soy Beans | Change | ||
| Mar | 4.1975 | 0.0175 ▼ | Jan | 10.2325 | 0.0975 ▼ |
| May | 4.2775 | 0.0275 ▼ | Mar | 10.3875 | 0.1025 ▼ |
| Jul | 4.3450 | 0.0350 ▼ | May | 10.5200 | 0.0975 ▼ |
KANSAS CITY BOARD OF TRADE
Tuesday
| Wheat | Change | ||||
| Mar | 5.1950 | 0.0725 ▼ | |||
| May | 5.3125 | 0.0675 ▼ | |||
| Jul | 5.4475 | 0.0675 ▼ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Tuesday | 118,000 | Monday |
| Week Ago (est) | 118,000 | Steer & Heifer: 96,000 |
| Year Ago (act) | 124,000 | Cow & Bull: 18,000 |
| Wk To Date (est) | 232,000 | |
| Last Week (est) | 233,000 | |
| Last Year (est) | 241,000 |
Tuesday, January 13
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | 78 | 1,425 | 233.00 |
| Live Heifer | 32 | 1,275 | 233.00 |
| Dressed Steer | 78 | 914 | 362.00 |
| Dressed Heifer | - | - | - |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 357.99 | 357.18 | 0.81 |
| Change from prior day: | +0.88 ▲ | -0.87 ▼ |
DAILY CATTLE SLAUGHTER
| Tuesday | 118,000 | Monday |
| Week Ago | 118,000 | Steer & Heifer: 96,000 |
| Year Ago (act) | 123,772 | Cow & Bull: 18,000 |
| Week To Date | 232,000 | |
| Same Period Last Week | 233,000 | |
| Same Period Last Year | 240,688 |
Tuesday, January 13
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