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WEDNESDAY WIRE
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
ANCIENT ORIGINS OF TYMOVIRUSES
RESTORING TRACTORS TAKES COMMUNITY
VOICE-FIRST CATTLE RECORDS APP
FINANCE
DAILY REPORTING
MARCH WASDE SHOWS STEADY U.S.
CROP INSURANCE CHANGES BOOST COVERAGE
NVIDIA RISES ON AI MOMENTUM
Introducing CattleChannel: A New Way to CattleUSA
February was largely a consolidation month for the CME Feeder Cattle Index, holding in the $374–$376 range after January’s climb. Prices remained historically strong, signaling continued tight supply and solid demand in the feeder market. 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, March 10
AUCTION SUMMARY
Joplin Regional Stockyards
6,341 Carthage, MO
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 440.00-550.00 | 400-500 lbs | 450.00-520.00 |
| 600-700 lbs | 399.00-460.00 | 500-600 lbs | 390.00-475.00 |
| 700-800 lbs | 360.00-390.00 | 600-700 lbs | 360.00-420.00 |
| 800-900 lbs | 331.50-361.00 | 700-800 lbs | 330.00-352.00 |
| 900-1000 lbs | 330.00-333.00 | 800-900 lbs | 316.00-322.00 |
Oklahoma National Stockyards
4,303 Oklahoma City, OK
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 505.00-615.00 | 400-500 lbs | 447.50-525.00 |
| 500-600 lbs | 440.00-520.00 | 500-600 lbs | 381.00-465.00 |
| 600-700 lbs | 384.00-442.00 | 600-700 lbs | 339.00-403.00 |
| 700-800 lbs | 340.00-387.00 | 700-800 lbs | 310.50-345.00 |
| 800-900 lbs | 334.00-345.00 | 800-900 lbs | 292.00-318.00 |
Callaway Livestock Center
1,593 Kingdom City, MO
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 537.50-547.50 | 400-500 lbs | 443.00-510.00 |
| 500-600 lbs | 465.00-496.00 | 500-600 lbs | 409.50-456.00 |
| 600-700 lbs | 420.00-442.00 | 600-700 lbs | 396.00-405.00 |
| 700-800 lbs | 362.00-367.00 | 700-800 lbs | 337.50-346.00 |
| 800-900 lbs | 328.50-344.75 | 800-900 lbs | 329.75 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Tuesday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Apr | 232.375 | 2.225 ▲ | Mar | 353.350 | 2.700 ▲ |
| Jun | 230.200 | 2.775 ▲ | Apr | 349.675 | 3.125 ▲ |
| Aug | 228.350 | 2.775 ▲ | May | 346.400 | 3.525 ▲ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Tuesday
| Corn | Change | Soy Beans | Change | ||
| Mar | 4.3625 | 0.0125 ▼ | Mar | 11.8725 | 0.0675 ▲ |
| May | 4.5225 | 0.0150 ▼ | May | 12.0175 | 0.0550 ▲ |
| Jul | 4.6325 | 0.0225 ▼ | Jul | 12.1500 | 0.0600 ▲ |
KANSAS CITY BOARD OF TRADE
Tuesday
| Wheat | Change | ||||
| Mar | 5.9675 | 0.1100 ▼ | |||
| May | 6.0875 | 0.1100 ▼ | |||
| Jul | 6.2300 | 0.1000 ▼ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Tuesday | 108,000 | Monday |
| Week Ago (est) | 109,000 | Steer & Heifer: 87,000 |
| Year Ago (act) | 124,000 | Cow & Bull: 16,000 |
| Wk To Date (est) | 211,000 | |
| Last Week (est) | 211,000 | |
| Last Year (est) | 239,000 |
Tuesday, March 10
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: | 394.67 | 386.77 | 7.90 |
| Change from prior day: | +3.38 ▲ | +3.15 ▲ |
DAILY CATTLE SLAUGHTER
| Tuesday | 108,000 | Monday |
| Week Ago | 109,000 | Steer & Heifer: 87,000 |
| Year Ago (act) | 124,067 | Cow & Bull: 16,000 |
| Week To Date | 211,000 | |
| Same Period Last Week | 211,000 | |
| Same Period Last Year | 239,002 |
Tuesday, March 10
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