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WEDNESDAY WIRE

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WEDNESDAY WIRE: CHARTS & TRENDS
DAILY MARKET SUMMARY

(Last updated 5/8)

Tuesday, May 12

AUCTION SUMMARY

Joplin Regional Stockyards

11,343 Carthage, MO

Monday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
500-600 lbs460.00-550.00400-500 lbs465.00-570.00
600-700 lbs410.00-470.00 500-600 lbs407.00-475.00
700-800 lbs372.00-407.00600-700 lbs364.00-400.00
800-900 lbs345.00-380.00700-800 lbs335.00-369.00
900-1000 lbs329.00-340.00800-900 lbs321.00-337.00

Sioux Falls Regional

5,675 Worthing, SD

Monday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
500-600 lbs472.50-555.00500-600 lbs425.00-507.50
600-700 lbs422.00-492.50 600-700 lbs371.00-445.00
700-800 lbs385.00-439.00700-800 lbs349.00-395.00
800-900 lbs355.00-381.00800-900 lbs324.00-349.00
900-1000 lbs332.00-352.50900-1000 lbs319.00-327.00

Oklahoma National Stockyards

5,237 Oklahoma City, OK

Monday

Feeder Steers - Medium & Large #1 Feeder Heifers - Medium & Large #1
500-600 lbs440.00-510.00400-500 lbs447.50-497.50
600-700 lbs401.00-458.00500-600 lbs397.00-459.00
700-800 lbs 360.00-398.00600-700 lbs349.00-410.00
800-900 lbs343.00-375.00700-800 lbs330.00-370.00
900-1000 lbs317.00-343.00800-900 lbs308.00-334.00

CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT

Tuesday

Live Cattle Change  Feeder Cattle Change
Jun 247.700 1.700 May 365.900 2.500
Aug 241.075 2.475 Aug 356.550 5.750
Oct 233.875 2.800 Sep 353.875 6.275

CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS

Tuesday

Corn Change  Soy Beans Change
May 4.6725 0.0650 May 12.1350 0.1375
Jul 4.8000 0.0475 Jul 12.2675 0.1375
Sep 4.8625 0.0450 Aug 12.2175 0.1375

KANSAS CITY BOARD OF TRADE

Tuesday

  Wheat Change
May 7.2050 0.4700
Jul 7.3125 0.4500
Sep 7.4225 0.4500

ESTIMATED DAILY CATTLE SLAUGHTER

Tuesday 108,000 Monday
Week Ago (est)107,000 Steer & Heifer: 87,000
Year Ago (act)122,000 Cow & Bull: 15,000
Wk To Date (est)210,000  
Last Week (est)205,000  
Last Year (est)219,000  

Tuesday, May 12

5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE

As of 10:00 amHead CountAvg WeightAvg Price
Live Steer 749 1,507 259.71
Live Heifer 117 1,283 260.00
Dressed Steer 397 975 400.00
Dressed Heifer 110 891 401.82

DAILY ESTIMATED CUTOUT VALUES

600-900#ChoiceSelectChoice/Select Spread
Current Cutout Values: 390.73 391.27 -0.54
Change from prior day: -0.49 -0.22  

DAILY CATTLE SLAUGHTER

Tuesday 108,000 Monday
Week Ago (est)107,000 Steer & Heifer: 87,000
Year Ago (act)121,654 Cow & Bull: 15,000
Wk To Date (est)210,000  
Last Week (est)205,000  
Last Year (est)218,947  

Tuesday, May 12

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