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WEDNESDAY WIRE
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
NEBRASKA WILDFIRES DEVASTATE RANCHERS
EPA PROPOSES INCINERATOR RULE CHANGES
JBS STRIKE DISRUPTS BEEF SUPPLY
FINANCE
DAILY REPORTING
RISING OIL HITS BRAZIL SOY EXPORTS
FERTILIZER SHOCK THREATENS FOOD COSTS
MIXED GRAINS, STRONGER CATTLE TRADE
More than 90% of the world’s seaborne oil flows through just eight critical chokepoints—from the Strait of Hormuz to the Panama Canal—making these narrow routes vital arteries of global energy trade and key pressure points for supply, pricing, and geopolitical risk. 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 17
AUCTION SUMMARY
Joplin Regional Stockyards
6,598 Carthage, MO
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 450.00-560.00 | 400-500 lbs | 480.00-560.00 |
| 600-700 lbs | 400.00-475.00 | 500-600 lbs | 400.00-530.00 |
| 700-800 lbs | 361.50-420.00 | 600-700 lbs | 362.00-437.50 |
| 800-900 lbs | 333.00-348.00 | 700-800 lbs | 330.00-385.00 |
| 900-1000 lbs | 320.50-329.00 | 800-900 lbs | 316.00-333.00 |
Oklahoma National Stockyards
4,305 Oklahoma City, OK
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 446.00-529.00 | 400-500 lbs | 440.00-525.00 |
| 600-700 lbs | 400.00-466.00 | 500-600 lbs | 390.00-461.00 |
| 700-800 lbs | 355.00-403.00 | 600-700 lbs | 354.00-411.00 |
| 800-900 lbs | 329.00-360.00 | 700-800 lbs | 313.50-366.00 |
| 900-1000 lbs | 306.00-334.50 | 800-900 lbs | 307.00-319.00 |
Russell Livestock
1,278 Russell, IA
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 525.00-585.00 | 400-500 lbs | 443.00-497.50 |
| 500-600 lbs | 460.00-534.00 | 500-600 lbs | 417.00-450.00 |
| 600-700 lbs | 405.00-466.00 | 600-700 lbs | 366.00-397.50 |
| 700-800 lbs | 384.00-415.00 | 700-800 lbs | 336.00-371.00 |
| 800-900 lbs | 330.00-367.00 | 800-900 lbs | 310.00-312.50 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Tuesday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Apr | 235.225 | 1.975 ▲ | Mar | 359.800 | 4.350 ▲ |
| Jun | 233.700 | 1.825 ▲ | Apr | 354.800 | 4.950 ▲ |
| Aug | 231.325 | 1.650 ▲ | May | 350.625 | 5.075 ▲ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Tuesday
| Corn | Change | Soy Beans | Change | ||
| May | 4.5400 | unchanged | May | 11.5700 | 0.0175 ▲ |
| Jul | 4.6550 | 0.0025 ▼ | Jul | 11.7125 | 0.0375 ▲ |
| Sep | 4.6825 | 0.0100 ▲ | Aug | 11.6250 | 0.1025 ▲ |
KANSAS CITY BOARD OF TRADE
Tuesday
| Wheat | Change | ||||
| May | 6.0675 | 0.0975 ▼ | |||
| Jul | 6.2125 | 0.0925 ▼ | |||
| Sep | 6.3575 | 0.0925 ▼ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Tuesday | 109,000 | Monday |
| Week Ago (est) | 108,000 | Steer & Heifer: 84,000 |
| Year Ago (act) | 123,000 | Cow & Bull: 14,000 |
| Wk To Date (est) | 207,000 | |
| Last Week (est) | 211,000 | |
| Last Year (est) | 237,000 |

Tuesday, March 17
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: | 403.31 | 396.72 | 6.59 |
| Change from prior day: | +0.65 ▲ | +2.21 ▲ |
DAILY CATTLE SLAUGHTER
| Tuesday | 109,000 | Monday |
| Week Ago | 108,000 | Steer & Heifer: 84,000 |
| Year Ago (act) | 122,767 | Cow & Bull: 14,000 |
| Week To Date | 207,000 | |
| Same Period Last Week | 211,000 | |
| Same Period Last Year | 237,219 |
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