Introducing CattleChannel: A New Way to CattleUSA

WEDNESDAY WIRE: CHARTS & TRENDS

The top 10 companies now account for 38% of the S&P 500’s market value, the highest concentration in decades.

The index has evolved from industrials and energy to today’s AI leaders, but never has so much weight been concentrated in so few stocks.

Strength—or a concentration risk investors should watch?

Join the conversation - comment online!

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, July 28

AUCTION SUMMARY

Joplin Regional Stockyards

1,451 Carthage, MO

Monday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
400-500 lbs 500.00 400-500 lbs 415.00-440.00
500-600 lbs 435.00-440.00 500-600 lbs 360.00-415.00
600-700 lbs 370.00-410.00 600-700 lbs 342.00-355.00
700-800 lbs 345.00-363.00 700-800 lbs -
800-900 lbs 337.00-347.00 800-900 lbs -

Oklahoma National Stockyards

1,450 Oklahoma City, OK

Monday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
400-500 lbs 482.50-547.50 500-600 lbs 370.00-393.00
500-600 lbs 420.00-448.00 600-700 lbs 326.00-382.00
600-700 lbs 362.00-413.00 700-800 lbs 300.00-319.50
700-800 lbs 348.00-372.00 800-900 lbs 309.75
800-900 lbs 335.25-353.00 900-1000 lbs 273.00-280.00

Tina Livestock Market

908 Tina, MO

Monday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
500-600 lbs 402.50-415.00 500-600 lbs 385.00-410.00
600-700 lbs 383.00-387.50 600-700 lbs 329.00-375.00
700-800 lbs 351.00-381.00 700-800 lbs 327.50
800-900 lbs - 800-900 lbs -
900-1000 lbs 337.25 900-1000 lbs -

CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT

Tuesday

Live Cattle Change  Feeder Cattle Change
Aug 227.475 2.250 Aug 343.075 4.825
Oct 222.175 3.400 Sep 337.225 5.300
Dec 221.300 3.900 Oct 326.825 1.575

CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS

Tuesday

Corn Change  Soy Beans Change
Sep 4.5850 0.0675 Aug 12.1200 0.0350
Dec 4.8050 0.0650 Sep 12.0475 0.0500
Mar 4.9575 0.0625 Nov 12.2000 0.0625

KANSAS CITY BOARD OF TRADE

Tuesday

  Wheat Change
Sep 7.2625 0.0275
Dec 7.4200 0.0350
Mar 7.5375 0.0400

ESTIMATED DAILY CATTLE SLAUGHTER

Tuesday 106,000 Monday
Week Ago (est)103,000 Steer & Heifer: 77,000
Year Ago (act)113,000 Cow & Bull: 15,000
Wk To Date (est)198,000
Last Week (est)205,000  
Last Year (est)222,000 

Tuesday, July 28

5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE

As of 10:00 amHead CountAvg WeightAvg Price
Live Steer 142 1,475 229.00
Live Heifer 220 1,427 228.00
Dressed Steer 1,821 997 360.00
Dressed Heifer 513 888 360.00

DAILY ESTIMATED CUTOUT VALUES

600-900#ChoiceSelectChoice/Select Spread
Current Cutout Values: 365.86 343.52 22.34
Change from prior day: +2.97 -1.64  

DAILY CATTLE SLAUGHTER

Tuesday 106,000 Monday
Week Ago (est)103,000 Steer & Heifer: 77,000
Year Ago (act)113,178 Cow & Bull: 15,000
Wk To Date (est)198,000
Last Week (est)205,000  
Last Year (est)222,229 

Tuesday, July 28

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