WEDNESDAY WIRE
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
ENHANCING FARMER DATA ACCESS SECURELY
GOOGLE FUNDS REGENERATIVE AGRICULTURE INITIATIVE
AUTOMATING AGRICULTURE WITH ROBOTICS
FINANCE
DAILY REPORTING
COMMODITY GROUPS FACE POLICY SHIFTS
STOCKS RISE AMID ECONOMIC UNCERTAINTY
ADMINISTRATION PRIORITIES SPARK CONCERN
Top 10 countries with the biggest trade surplus- China way ahead.. & U.S. sits on the opposite end as the largest trade deficit. Are you surprised by this?? Leave your thoughts below or reply to this email.
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!
3/21 → Intro Pricing Ends & Annual Rate Increase to $120/$215
Tuesday, March 11
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: | 321.20 | 306.86 | 14.34 |
| Change from prior day: | +3.62 ▲ | -0.09 ▼ |
DAILY CATTLE SLAUGHTER
| Tuesday | 124,000 | Monday |
| Week Ago | 123,000 | Steer & Heifer: 95,000 |
| Year Ago (act) | 121,936 | Cow & Bull: 20,000 |
| Week To Date | 239,000 | |
| Same Period Last Week | 225,000 | |
| Same Period Last Year | 233,848 |
Tuesday, March 11
AUCTION SUMMARY
Joplin Regional Stockyards
9,762 Carthage, MO
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 335.00-410.00 | 300-400 lbs | 365.00-450.00 |
| 600-700 lbs | 304.50-337.00 | 400-500 lbs | 335.00-380.00 |
| 700-800 lbs | 275.50-310.00 | 500-600 lbs | 302.00-351.00 |
| 800-900 lbs | 265.00-283.50 | 600-700 lbs | 273.00-317.00 |
| 900-1000 lbs | 258.00-266.00 | 700-800 lbs | 256.00-297.00 |
Oklahoma National Stockyards
5,000 Oklahoma City, OK
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 342.00-397.00 | 400-500 lbs | 322.00-395.00 |
| 600-700 lbs | 307.50-347.00 | 500-600 lbs | 295.00-331.00 |
| 700-800 lbs | 265.00-300.00 | 600-700 lbs | 263.00-314.00 |
| 800-900 lbs | 258.00-273.00 | 700-800 lbs | 244.00-272.00 |
| 900-1000 lbs | 241.00-256.00 | 800-900 lbs | 240.00-253.00 |
Sioux Falls Regional Cattle Auction
2,499 Worthing, SD
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 339.00-374.00 | 500-600 lbs | 297.00-330.00 |
| 600-700 lbs | 297.50-349.00 | 600-700 lbs | 281.00-325.00 |
| 700-800 lbs | 280.00-316.00 | 700-800 lbs | 266.00-281.00 |
| 800-900 lbs | 263.00-282.00 | 800-900 lbs | 244.00-265.50 |
| 900-1000 lbs | 248.00-254.25 | 900-1000 lbs | 230.00-234.00 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Tuesday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Apr | 199.550 | 1.025 ▼ | Mar | 277.500 | 0.450 ▲ |
| Jun | 196.250 | 0.975 ▼ | Apr | 277.700 | 0.225 ▼ |
| Aug | 194.275 | 0.825 ▼ | May | 278.950 | 0.400 ▲ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Tuesday
| Corn | Change | Soy Beans | Change | ||
| Mar | 4.5650 | 0.0225 ▼ | Mar | 9.9775 | 0.0200 ▼ |
| May | 4.7025 | 0.0175 ▼ | May | 10.1125 | 0.0275 ▼ |
| Jul | 4.7700 | 0.0150 ▼ | Jul | 10.2550 | 0.0275 ▼ |
KANSAS CITY BOARD OF TRADE
Tuesday
| Wheat | Change | ||||
| Mar | 5.5875 | 0.0700 ▼ | |||
| May | 5.7200 | 0.0650 ▼ | |||
| Jul | 5.8550 | 0.0575 ▼ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Tuesday | 124,000 | Monday |
| Week Ago (est) | 123,000 | Steer & Heifer: 95,000 |
| Year Ago (act) | 122,000 | Cow & Bull: 20,000 |
| Wk To Date (est) | 239,000 | |
| Last Week (est) | 225,000 | |
| Last Year (est) | 234,000 |
Tuesday, March 11
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