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WEDNESDAY WIRE

MARKET REPORT

WEATHER 20/20 REPORT

AGRICULTURE

  • SATELLITE TECH AIDS DISEASE RESPONSE

  • AI REVOLUTIONIZING GLOBAL AGRICULTURE

  • NORTH DAKOTA FARMERS EMBRACE REGENERATION

FINANCE

  • DAILY REPORTING

  • CATTLE CYCLE DISRUPTS BASIS TRENDS

  • NEW TOOL SIMPLIFIES ECONOMIC DATA

  • MARKETS RALLY ON CEASEFIRE HOPES

WEDNESDAY WIRE: CHARTS & TRENDS

In the market for a “new” car? According to a recent U.S. survey of over 330,000 vehicles from 2015 to 2020, Lexus tops the charts as the most reliable used-car brand in 2025. If you had to pick one brand to drive for the next 10 years, what would it be?

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DAILY MARKET SUMMARY

Tuesday, June 24

AUCTION SUMMARY

Joplin Regional Stockyards

7,938 Carthage, MO

Monday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
500-600 lbs365.00-400.00400-500 lbs370.00-420.00
600-700 lbs330.00-365.00500-600 lbs325.00-350.00
700-800 lbs310.00-331.00600-700 lbs311.00-348.00
800-900 lbs297.00-315.00700-800 lbs292.00-318.00
900-1000 lbs276.00-305.50800-900 lbs266.50-286.00

Oklahoma National Stockyards

4,422 Oklahoma City, OK

Monday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
500-600 lbs354.00-401.00500-600 lbs309.00-358.00
600-700 lbs331.00-382.00600-700 lbs299.00-329.00
700-800 lbs309.50-325.00700-800 lbs272.00-305.50
800-900 lbs292.00-319.00800-900 lbs265.00-286.25
900-1000 lbs279.50-289.00900-1000 lbs250.00-263.00

Tulsa Livestock Auction

1,680 Tulsa, OK

Monday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
400-500 lbs377.50-445.00300-400 lbs379.00-445.00
500-600 lbs331.00-414.00400-500 lbs337.50-397.00
600-700 lbs317.00-385.00500-600 lbs311.00-337.00
700-800 lbs269.00-338.00600-700 lbs281.00-310.00
800-900 lbs266.00-276.00700-800 lbs276.00-278.00

CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT

Tuesday

Live Cattle Change  Feeder Cattle Change
Jun 221.600 0.700 Aug 302.250 0.550
Aug 209.550 0.175 Sep 302.450 0.175
Oct 206.950 0.150 Oct 300.650 0.200

CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS

Tuesday

Corn Change  Soy Beans Change
Jul 4.1625 0.0300 Jul 10.4675 0.1200
Sep 4.1225 0.0525 Aug 10.5025 0.1175
Dec 4.2900 0.0475 Sep 10.3050 0.0975

KANSAS CITY BOARD OF TRADE

Tuesday

  Wheat Change
Jul 5.3475 0.1525
Sep 5.4975 0.1525
Dec 5.7400 0.1475

ESTIMATED DAILY CATTLE SLAUGHTER

Tuesday 118,000 Monday
Week Ago (est)118,000 Steer & Heifer: 95,000
Year Ago (act)122,000 Cow & Bull: 16,000
Wk To Date (est)229,000  
Last Week (est)221,000  
Last Year (est)235,000  

Tuesday, June 24

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: 394.25 382.41 11.84
Change from prior day: +4.03 -0.69  

DAILY CATTLE SLAUGHTER

Tuesday 118,000 Monday
Week Ago 118,000 Steer & Heifer: 85,000
Year Ago (act) 121,797 Cow & Bull: 18,000
Week To Date 229,000  
Same Period Last Week 221,000  
Same Period Last Year 235,089  

Tuesday, June 24

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