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WEDNESDAY WIRE
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
ICS STANDARDS POWER PRECISION FARMING
SLAUGHTER DATA NEEDS CLOSER LOOK
ROTATIONAL GRAZING BENEFITS PASTURES
FINANCE
DAILY REPORTING
HEADLINES RATTLE BULLISH CATTLE MARKET
MARKETS BRACE FOR ECONOMIC SIGNALS
MICRO GOLD FUTURES AND TRADING
Electricity has come a long way since the world's first public coal-fired power station, the Edison Electric Light Station, was built in 1882. Today, while ~60% of energy is still generated by fossil fuels, renewable energy like solar and wind is growing the fastest with a projected growth of 9% for 2025.
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Tuesday, May 27
AUCTION SUMMARY
Ft Pierre Livestock
5,440 Ft Pierre, SD
Friday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 389.00-435.00 | 400-500 lbs | 385.00-402.50 |
| 600-700 lbs | 348.50-378.00 | 500-600 lbs | 351.00-395.00 |
| 700-800 lbs | 320.00-342.00 | 600-700 lbs | 312.00-345.00 |
| 800-900 lbs | 306.50-325.00 | 700-800 lbs | 279.00-319.50 |
| 900-1000 lbs | 284.00-290.50 | 800-900 lbs | 279.50-289.00 |
Eastern Missouri Livestock Commission
1,383 Bowling Green, MO
Friday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 300-400 lbs | 470.00-495.00 | 300-400 lbs | - |
| 400-500 lbs | 385.00-435.00 | 400-500 lbs | 365.00-404.00 |
| 500-600 lbs | 365.00-410.00 | 500-600 lbs | 331.00-366.00 |
| 600-700 lbs | 350.00-356.00 | 600-700 lbs | 306.00-327.00 |
| 700-800 lbs | 304.00-320.50 | 700-800 lbs | 295.50-302.00 |
Farmers and Ranchers Livestock
2,209 Salina, KS
Thursday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 413.00-475.00 | 400-500 lbs | 330.00-387.50 |
| 500-600 lbs | - | 500-600 lbs | 310.00-347.50 |
| 600-700 lbs | 312.50-330.00 | 600-700 lbs | 290.00-310.00 |
| 700-800 lbs | 291.50-330.00 | 700-800 lbs | 267.00-290.00 |
| 800-900 lbs | 273.00-296.00 | 800-900 lbs | 258.00-278.50 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Tuesday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Jun | 215.125 | 0.675 ▼ | Aug | 298.150 | 2.225 ▼ |
| Aug | 209.300 | 1.150 ▼ | Sep | 297.250 | 2.100 ▼ |
| Oct | 207.075 | 1.025 ▼ | Oct | 295.350 | 2.000 ▼ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Tuesday
| Corn | Change | Soy Beans | Change | ||
| Jul | 4.5950 | unchanged | Jul | 10.6250 | 0.0225 ▲ |
| Sep | 4.3375 | 0.0400 ▼ | Aug | 10.5800 | 0.0200 ▲ |
| Dec | 4.4650 | 0.0425 ▼ | Sep | 10.4200 | 0.0025 ▲ |
KANSAS CITY BOARD OF TRADE
Tuesday
| Wheat | Change | ||||
| Jul | 5.2450 | 0.1425 ▼ | |||
| Sep | 5.3950 | 0.1425 ▼ | |||
| Dec | 5.6250 | 0.1400 ▼ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Tuesday | 114,000 | Friday |
| Week Ago | 120,000 | Steer & Heifer: 77,000 |
| Year Ago (act) | 124,000 | Cow & Bull: 20,000 |
| Week To Date | 116,000 | Sat/Mon |
| Same Period Last Week | 235,000 | Steer & Heifer: 1,000/1,000 |
| Same Period Last Year | 126,000 | Cow & Bull: 1,000/1,000 |
Tuesday, May 27
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | 9,634 | 1,506 | 229.51 |
| Live Heifer | 5,899 | 1,344 | 229.45 |
| Dressed Steer | 6,458 | 975 | 361.88 |
| Dressed Heifer | 3,465 | 866 | 363.79 |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 361.55 | 351.32 | 10.23 |
| Change from prior day: | +0.58 ▲ | +2.37 ▲ |
DAILY CATTLE SLAUGHTER
| Tuesday | 97,000 | Monday |
| Week Ago | 105,000 | Steer & Heifer: 94,000 |
| Year Ago (act) | 118,556 | Cow & Bull: 22,000 |
| Week To Date | 568,000 | |
| Same Period Last Week | 564,000 | |
| Same Period Last Year | 598,388 |
Tuesday, May 27
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