Enjoy premium access to today’s newsletter made possible by:
Henry Repeating Arms
- LIMITED PREMIUM ACCESS -
WEDNESDAY WIRE
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
BUILDING HERDS TAKES PATIENCE
BEEF SUPPLIES SHOWING SEASONAL GROWTH
NASA TOOLS AID AGRICULTURE
FINANCE
DAILY REPORTING
OIL UNCERTAINTY PRESSURES MARKETS
TARIFF RELIEF TARGETS EQUIPMENT COSTS
MARKETS AWAIT FRESH CATALYST
Introducing CattleChannel: A New Way to CattleUSA
Tech continues to dominate global markets, adding $12 trillion in value since March and widening its lead as the world's most valuable industry. Surging semiconductor and hardware companies have pushed Tech Hardware past Financial Services and AI, while semiconductors climbed to fourth place overall. Where do you think the next wave of growth will come from? 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! |
Tuesday, June 02
AUCTION SUMMARY
Joplin Regional Stockyards
10,603 Carthage, MO
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 445.00-515.00 | 400-500 lbs | 427.00-475.00 |
| 600-700 lbs | 405.00-442.00 | 500-600 lbs | 392.00-455.00 |
| 700-800 lbs | 363.00-385.00 | 600-700 lbs | 350.00-395.00 |
| 800-900 lbs | 331.00-361.00 | 700-800 lbs | 331.50-375.00 |
| 900-1000 lbs | 325.00-352.00 | 800-900 lbs | 317.00-328.00 |
Oklahoma National Stockyards
5,134 Oklahoma City, OK
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 420.00-495.00 | 500-600 lbs | 372.50-414.00 |
| 600-700 lbs | 385.00-435.00 | 600-700 lbs | 349.00-386.00 |
| 700-800 lbs | 355.00-382.00 | 700-800 lbs | 320.00-359.50 |
| 800-900 lbs | 337.50-367.00 | 800-900 lbs | 309.00-327.00 |
| 900-1000 lbs | 316.25-342.50 | 900-1000 lbs | 296.00 |
Calloway Livestock Center
3,931 Kingdom City, MO
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 540.00-600.00 | 400-500 lbs | 474.00-537.50 |
| 500-600 lbs | 474.00-557.50 | 500-600 lbs | 426.00-486.00 |
| 600-700 lbs | 423.00-489.00 | 600-700 lbs | 404.00-428.75 |
| 700-800 lbs | 384.00-414.50 | 700-800 lbs | 329.75-379.00 |
| 800-900 lbs | 346.00-361.50 | 800-900 lbs | - |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Tuesday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Jun | 247.675 | 1.325 ▼ | Aug | 348.425 | 3.125 ▼ |
| Aug | 239.650 | 0.950 ▼ | Sep | 345.125 | 3.550 ▼ |
| Oct | 230.875 | 1.450 ▼ | Oct | 341.750 | 3.550 ▼ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Tuesday
| Corn | Change | Soy Beans | Change | ||
| Jul | 4.4050 | 0.0350 ▼ | Jul | 11.6525 | 0.1550 ▼ |
| Sep | 4.4800 | 0.0475 ▼ | Aug | 11.6900 | 0.1600 ▼ |
| Dec | 4.6650 | 0.0600 ▼ | Sep | 11.6525 | 0.1325 ▼ |
KANSAS CITY BOARD OF TRADE
Tuesday
| Wheat | Change | ||||
| Jul | 6.3475 | 0.1225 ▼ | |||
| Sep | 6.4625 | 0.1225 ▼ | |||
| Dec | 6.6225 | 0.1125 ▼ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Tuesday | 110,000 | Monday |
| Week Ago (est) | 111,000 | Steer & Heifer: 88,000 |
| Year Ago (act) | 119,000 | Cow & Bull: 16,000 |
| Wk To Date (est) | 214,000 | |
| Last Week (est) | 112,000 | |
| Last Year (est) | 234,000 |
Tuesday, June 02
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | 214 | 1,450 | 255.00 |
| Live Heifer | - | - | - |
| Dressed Steer | - | - | - |
| Dressed Heifer | - | - | - |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 394.07 | 384.81 | 9.26 |
| Change from prior day: | +1.24 ▲ | +1.72 ▲ |
DAILY CATTLE SLAUGHTER
| Tuesday | 110,000 | Monday |
| Week Ago (est) | 111,000 | Steer & Heifer: 88,000 |
| Year Ago (act) | 119,464 | Cow & Bull: 16,000 |
| Wk To Date (est) | 214,000 | |
| Last Week (est) | 112,000 | |
| Last Year (est) | 234,099 |
Tuesday, June 02
Click here to connect with a CattleUSA Insurance representative
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results.
Review our full disclaimer at https://www.logicag.com/disclaimer
INTERNATIONAL PRECIPITATION NEXT 15 DAYS
CattleUSA has teamed up with Weather 20/20 to bring you exclusive access to long-range weather forecasts using their patent-pending LRC methodology. Plan ahead with confidence and stay ahead of the weather—now at a special discounted rate for CattleUSA users!
CattleUSA Daily Podcast:
If you or someone you know would be interested in hopping on the mic to share your story, please contact us at [email protected]. — Video streaming weekdays on YouTube @cattleusatv. Audio available on Spotify, Apple Podcasts & all major streaming platforms.
Join the CattleUSA Drive Community for full access to this post and other member-only content, including daily market reports, FCI, ag weather predictions, & more.
-
Want more CattleUSA? Check out our socials!
-
Questions, comments, concerns? Reply to this email or message us at [email protected]—we’d love to hear from you!
Premium Membership Details
Become a Premium member of the CattleUSA Drive Community for full access to this post and other member-only content.
Premium Membership Includes:
• Daily Market Insights
• Daily Feeder Cattle Index
• Daily Inspirational Thought
• Insider Expert Commentary
• Predictive Weather Forecasting by Weather 20/20
• Latest Industry News & Updates
• The Saturday Edition
• Full Access to All Content & Archive
• Access to Exclusive Content & Events
• CattleUSA Partner Discounts
• Community Contributions & Insights
• + More!