- LIMITED ACCESS -
WEDNESDAY WIRE
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
USDA OVERHAUL RAISES QUESTIONS
AI TAKES ROOT IN KANSAS AGRICULTURE
CATTLE HERD HITS HISTORIC LOW
FINANCE
DAILY REPORTING
ENERGY SECTOR FACES GROWING HEADWINDS
GRAIN PRICES DROP ON WEATHER
MARKETS DIP AHEAD OF FED
When it comes to ruminants green doesn’t always mean “go”. Get your salad eaters to a buffet they really want by learning about how and what livestock eats. Goats and sheep are built for steeper terrain and have little mouths that allow them to be selective about what they eat. Shrubs, trees, and broadleaves are more their style with grass making up around 50% of the diet for sheep and 30% for goats. Cattle don’t have prehensile lips to let them pick and choose, so they fair better on flat land where they can get 70% grass for their meal. If your land is a mix, grazing multiple species can often be complementary! 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, July 29
AUCTION SUMMARY
Joplin Regional Stockyards
4,710 Carthage, MO
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 380.00-440.00 | 500-600 lbs | 342.00-390.00 |
| 600-700 lbs | 345.00-400.00 | 600-700 lbs | 334.00-380.00 |
| 700-800 lbs | 330.00-360.00 | 700-800 lbs | 314.00-337.00 |
| 800-900 lbs | 315.00-334.00 | 800-900 lbs | 290.00-312.00 |
| 900-1000 lbs | 313.50-315.50 | 900-1000 lbs | 290.00 |
Oklahoma National Stockyards
2,972 Oklahoma City, OK
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 392.50-437.50 | 400-500 lbs | 437.50-447.00 |
| 600-700 lbs | 365.00-400.00 | 500-600 lbs | 367.50-403.00 |
| 700-800 lbs | 339.00-374.50 | 600-700 lbs | 330.00-371.00 |
| 800-900 lbs | 316.00-343.00 | 700-800 lbs | 317.00-337.00 |
| 900-1000 lbs | 318.00-328.00 | 800-900 lbs | 305.00-319.00 |
Tulsa Livestock Auction
1,174 Tulsa, OK
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 410.00-490.00 | 300-400 lbs | 407.00-469.00 |
| 500-600 lbs | 395.00-430.00 | 400-500 lbs | 370.00-430.00 |
| 600-700 lbs | 354.00-391.00 | 500-600 lbs | 330.00-358.00 |
| 700-800 lbs | 345.00 | 600-700 lbs | 297.00-333.00 |
| 800-900 lbs | 295.00-300.00 | 700-800 lbs | 289.00-302.00 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Tuesday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Aug | 229.725 | 1.850 ▲ | Aug | 336.200 | 2.675 ▲ |
| Oct | 226.450 | 1.675 ▲ | Sep | 337.075 | 2.525 ▲ |
| Dec | 226.750 | 1.400 ▲ | Oct | 335.900 | 2.550 ▲ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Tuesday
| Corn | Change | Soy Beans | Change | ||
| Sep | 3.8925 | 0.0450 ▼ | Aug | 9.8175 | 0.0700 ▼ |
| Dec | 4.1100 | 0.0300 ▼ | Sep | 9.8950 | 0.0300 ▼ |
| Mar | 4.2875 | 0.0250 ▼ | Nov | 10.0950 | 0.0200 ▼ |
KANSAS CITY BOARD OF TRADE
Tuesday
| Wheat | Change | ||||
| Sep | 5.1850 | 0.0750 ▼ | |||
| Dec | 5.3950 | 0.0725 ▼ | |||
| Mar | 5.5950 | 0.0775 ▼ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Tuesday | 113,000 | Monday |
| Week Ago (est) | 112,000 | Steer & Heifer: 90,000 |
| Year Ago (act) | 123,000 | Cow & Bull: 18,000 |
| Wk To Date (est) | 221,000 | |
| Last Week (est) | 217,000 | |
| Last Year (est) | 237,000 |
Tuesday, July 29
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 | - | - | - |
| Dressed Heifer | - | - | - |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 364.19 | 342.48 | 21.71 |
| Change from prior day: | -3.54 ▼ | -4.37▼ |
DAILY CATTLE SLAUGHTER
| Tuesday | 113,000 | Monday |
| Week Ago | 112,000 | Steer & Heifer: 90,000 |
| Year Ago (act) | 122,591 | Cow & Bull: 18,000 |
| Week To Date | 221,000 | |
| Same Period Last Week | 217,000 | |
| Same Period Last Year | 236,899 |
Tuesday, July 29
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