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WEDNESDAY WIRE
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
USDA UNVEILS FARM SECURITY PLAN
MODEL OPTIMIZES VERTICAL FARM LIGHTING
SMALL GRAINS BOOST LONG-TERM PROFITS
FINANCE
DAILY REPORTING
NASDAQ RISES AMID FED TALK
SMART MONEY BETS AGAINST OIL
RECESSION PREP: SIX SMART MOVES
We know y’all know that cattle doesn’t just mean meat and milk, but did you have any idea just how many other industries cattle ranching supports? From adhesives to anti-aging creams, you’d have a hard time trying to live life without a cow involved! Join the conversation - comment online!
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Tuesday, July 15
AUCTION SUMMARY
Joplin Regional Stockyards
7,005 Carthage, MO
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 370.00-432.00 | 300-400 lbs | 430.00-450.00 |
| 600-700 lbs | 338.00-402.50 | 400-500 lbs | 370.00-440.00 |
| 700-800 lbs | 319.00-350.00 | 500-600 lbs | 340.00-380.00 |
| 800-900 lbs | 308.50-324.00 | 600-700 lbs | 315.00-352.50 |
| 900-1000 lbs | 302.00-315.25 | 700-800 lbs | 300.00-320.00 |
Oklahoma National Stockyards
6,680 Oklahoma City, OK
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 600-700 lbs | 331.00-421.00 | 400-500 lbs | 363.00-407.50 |
| 700-800 lbs | 317.00-359.00 | 500-600 lbs | 345.00-373.00 |
| 800-900 lbs | 311.00-321.00 | 600-700 lbs | 322.00-355.00 |
| 900-1000 lbs | 299.00-307.00 | 700-800 lbs | 300.00-322.00 |
| 1000-1100 lbs | 285.00-295.50 | 800-900 lbs | 272.00-290.00 |
Sioux Falls Regional Cattle Auction
3,102 Worthing, SD
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 390.00-437.50 | 500-600 lbs | 352.50-393.00 |
| 600-700 lbs | 385.00 | 600-700 lbs | 343.00-345.00 |
| 700-800 lbs | 344.00-356.50 | 700-800 lbs | 309.00-325.50 |
| 800-900 lbs | 312.50-323.00 | 800-900 lbs | 289.50-305.00 |
| 900-1000 lbs | 303.50-319.60 | 900-1000 lbs | 270.00-290.25 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Tuesday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Aug | 222.400 | 3.050 ▲ | Aug | 322.275 | 2.800 ▲ |
| Oct | 219.275 | 2.500 ▲ | Sep | 322.375 | 2.800 ▲ |
| Dec | 219.600 | 2.150 ▲ | Oct | 320.475 | 2.775 ▲ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Tuesday
| Corn | Change | Soy Beans | Change | ||
| Sep | 4.0125 | 0.0125 ▲ | Aug | 9.9500 | 0.0600 ▼ |
| Dec | 4.1975 | 0.0175 ▲ | Sep | 9.8725 | 0.0600 ▼ |
| Mar | 4.3675 | 0.0200 ▲ | Nov | 10.0175 | 0.0525 ▼ |
KANSAS CITY BOARD OF TRADE
Tuesday
| Wheat | Change | ||||
| Sep | 5.2375 | 0.0075 ▲ | |||
| Dec | 5.4600 | 0.0050 ▲ | |||
| Mar | 5.6675 | 0.0025 ▼ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Tuesday | 118,000 | Monday |
| Week Ago (est) | 118,000 | Steer & Heifer: 94,000 |
| Year Ago (act) | 123,000 | Cow & Bull: 18,000 |
| Wk To Date (est) | 230,000 | |
| Last Week (est) | 232,000 | |
| Last Year (est) | 240,000 |
Tuesday, July 15
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | - | - | - |
| Live Heifer | - | - | - |
| Dressed Steer | 37 | 960 | 373.00 |
| Dressed Heifer | - | - | - |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 377.72 | 362.58 | 15.14 |
| Change from prior day: | +0.65 ▲ | -2.00▼ |
DAILY CATTLE SLAUGHTER
| Tuesday | 118,000 | Monday |
| Week Ago | 118,000 | Steer & Heifer: 94,000 |
| Year Ago (act) | 122,663 | Cow & Bull: 18,000 |
| Week To Date | 230,000 | |
| Same Period Last Week | 232,000 | |
| Same Period Last Year | 240,090 |
Tuesday, July 15
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