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WEDNESDAY WIRE

MARKET REPORT

WEATHER 20/20 REPORT

AGRICULTURE

  • DYSON’S HIGH-TECH FARM REVOLUTION

  • NEW MODEL HELPS DAIRY FARMS

  • NO-TILL PRACTICES RISE FOR WHEAT

FINANCE

  • DAILY REPORTING

  • ECONOMIC OUTLOOK CLOUDED BY UNCERTAINTY

  • CORN, WHEAT PRICES REBOUND GLOBALLY

  • TARIFF TALKS DIP MARKETS

WEDNESDAY WIRE: CHARTS & TRENDS

From the car-heavy roads of North America where population density is low and towns are spread out, to the walkable streets of Asia, transportation habits vary widely around the world. What do you think? It sure is nice being able to hop into a car and get where you need to go, but a few more busses and sidewalks would be pretty cool too!

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 08

AUCTION SUMMARY

Joplin Regional Stockyards

5,864 Carthage, MO

Monday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
400-500 lbs390.00-475.00400-500 lbs350.00-395.00
500-600 lbs360.00-415.00500-600 lbs332.00-371.00
600-700 lbs332.00-380.00600-700 lbs310.00-342.00
700-800 lbs314.50-345.00700-800 lbs298.00-324.00
800-900 lbs302.00-321.50800-900 lbs290.00-307.00

Callaway Livestock Center

3,694 Kingdom City, MO

Monday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
300-400 lbs458.50-520.00300-400 lbs412.50-427.00
400-500 lbs423.00-495.00400-500 lbs390.00-427.00
500-600 lbs389.00-454.00500-600 lbs344.00-388.50
600-700 lbs362.00-390.00600-700 lbs336.50-357.50
700-800 lbs327.00-352.50700-800 lbs316.50

Tulsa Livestock Auction

1,487 Tulsa, OK

Monday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
300-400 lbs445.00-500.00300-400 lbs398.00-480.00
400-500 lbs414.00-458.00400-500 lbs340.00-407.00
500-600 lbs396.00-424.00500-600 lbs329.00-365.00
600-700 lbs330.00-385.00600-700 lbs282.00-315.00
700-800 lbs309.50-348.50700-800 lbs275.00-295.00

CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT

Tuesday

Live Cattle Change  Feeder Cattle Change
Aug 219.975 4.075 Aug 319.125 5.400
Oct 216.825 3.875 Sep 319.175 5.650
Dec 216.625 3.200 Oct 317.250 5.900

CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS

Tuesday

Corn Change  Soy Beans Change
Jul 4.1100 0.0700 Jul 10.2425 0.0750
Sep 3.9800 0.0550 Aug 10.2125 0.1025
Dec 4.1425 0.0650 Sep 10.0850 0.0500

KANSAS CITY BOARD OF TRADE

Tuesday

  Wheat Change
Jul 5.0350 0.0500
Sep 5.2250 0.0500
Dec 5.4725 0.0475

ESTIMATED DAILY CATTLE SLAUGHTER

Tuesday 118,000 Monday
Week Ago (est)120,000 Steer & Heifer: 97,000
Year Ago (act)123,000 Cow & Bull: 17,000
Wk To Date (est)232,000  
Last Week (est)238,000  
Last Year (est)235,000  

Tuesday, July 08

5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE

As of 10:00 amHead CountAvg WeightAvg Price
Live Steer - - -
Live Heifer - - -
Dressed Steer - - -
Dressed Heifer - - -

DAILY ESTIMATED CUTOUT VALUES

600-900#ChoiceSelectChoice/Select Spread
Current Cutout Values: 393.04 378.46 14.58
Change from prior day: +2.06 +0.93  

DAILY CATTLE SLAUGHTER

Tuesday 118,000 Monday
Week Ago 120,000 Steer & Heifer: 97,000
Year Ago (act) 122,733 Cow & Bull: 17,000
Week To Date 232,000  
Same Period Last Week 238,000  
Same Period Last Year 234,799  

Tuesday, July 08

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WEATHER 20/20 REPORT

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