- LIMITED ACCESS -
WEDNESDAY WIRE
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
UTAH OFFERS DROUGHT RELIEF LOANS
AI POWERS CROP PROTECTION INNOVATION
YAMAHA LAUNCHES SPECIALTY CROP DIVISION
FINANCE
DAILY REPORTING
TARIFFS FUEL GLOBAL ECONOMIC SLOWDOWN
NATURAL GAS REBOUNDS ON TECHNICALS
STOCKS DIP AFTER MOODY’S CUT
Not that long ago the internet wasn’t even a thought, and now it’s the backbone of today’s world with more than two-thirds of the global population online. I can still hear that dial-up modem buzzing, squeaking, and twanging like it was yesterday. Can you remember your first time on the world wide web?
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, May 20
AUCTION SUMMARY
Joplin Regional Stockyards
11,074 Carthage, MO
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 375.00-447.00 | 400-500 lbs | 370.00-440.00 |
| 600-700 lbs | 330.00-375.00 | 500-600 lbs | 320.00-380.00 |
| 700-800 lbs | 295.50-331.00 | 600-700 lbs | 304.00-330.00 |
| 800-900 lbs | 280.00-299.00 | 700-800 lbs | 275.00-309.00 |
| 900-1000 lbs | 266.00-280.00 | 800-900 lbs | 257.00-274.00 |
Oklahoma National Stockyards
9,550 Oklahoma City, OK
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 360.00-391.00 | 500-600 lbs | 323.00-355.00 |
| 600-700 lbs | 322.00-356.00 | 600-700 lbs | 289.50-334.00 |
| 700-800 lbs | 291.00-330.00 | 700-800 lbs | 271.00-294.50 |
| 800-900 lbs | 278.00-302.50 | 800-900 lbs | 256.75-268.00 |
| 900-1000 lbs | 266.00-280.25 | 900-1000 lbs | 249.00-254.00 |
Russell Livestock
5,003 Russell, IA
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 420.00-486.00 | 300-400 lbs | 445.00-490.00 |
| 500-600 lbs | 360.00-435.00 | 400-500 lbs | 375.00-460.00 |
| 600-700 lbs | 330.00-394.00 | 500-600 lbs | 340.00-395.00 |
| 700-800 lbs | 303.50-350.00 | 600-700 lbs | 293.00-356.00 |
| 800-900 lbs | 273.00-308.00 | 700-800 lbs | 274.50-314.00 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Tuesday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Jun | 213.175 | 0.200 ▲ | May | 296.000 | 0.325 ▲ |
| Aug | 207.850 | 0.075 ▼ | Aug | 297.500 | 0.025 ▲ |
| Oct | 205.300 | 0.225 ▲ | Sep | 296.200 | 0.125 ▼ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Tuesday
| Corn | Change | Soy Beans | Change | ||
| Jul | 4.5450 | 0.0700 ▲ | Jul | 10.5300 | 0.0225 ▲ |
| Sep | 4.3525 | 0.0700 ▲ | Aug | 10.5025 | 0.0250 ▲ |
| Dec | 4.4850 | 0.0675 ▲ | Sep | 10.3400 | 0.0350 ▲ |
KANSAS CITY BOARD OF TRADE
Tuesday
| Wheat | Change | ||||
| Jul | 5.3625 | 0.1350 ▲ | |||
| Sep | 5.5000 | 0.1350 ▲ | |||
| Dec | 5.7150 | 0.1300 ▲ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Tuesday | 120,000 | Monday |
| Week Ago (est) | 121,000 | Steer & Heifer: 97,000 |
| Year Ago (act) | 117,000 | Cow & Bull: 18,000 |
| Wk To Date (est) | 235,000 | |
| Last Week (est) | 220,000 | |
| Last Year (est) | 236,000 |
Tuesday, May 20
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | 556 | 1,416 | 219.00 |
| Live Heifer | 186 | 1,280 | 219.00 |
| Dressed Steer | - | - | - |
| Dressed Heifer | - | - | - |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 358.75 | 344.96 | 13.79 |
| Change from prior day: | +3.94 ▲ | +0.85 ▲ |
DAILY CATTLE SLAUGHTER
| Tuesday | 120,000 | Monday |
| Week Ago | 121,000 | Steer & Heifer: 97,000 |
| Year Ago (act) | 117,474 | Cow & Bull: 18,000 |
| Week To Date | 235,000 | |
| Same Period Last Week | 220,000 | |
| Same Period Last Year | 235,807 |
Tuesday, May 20
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
• Australia - 0.10”-1” for… Upgrade account to read the rest.
Join the CattleUSA Drive Community to unlock daily Weather 20/20 maps and insights
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!
Upgrade Your Account to Read the Rest!
Join the CattleUSA Drive Community for full access to this post and to subscriber-only content. Upgrade as a ‘CattleUSA User’ for $0.25 a day and stay ahead with the full picture.
-
-
Have thoughts on what we should tweak next? Reply to this email or message us at [email protected]—we’d love to hear from you!