- LIMITED ACCESS -
WEDNESDAY WIRE
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
CALFLOWERS EXPANDS AG MEMBERSHIP NATIONWIDE
AGRICULTURE’S VOICE IN POLICY MATTERS
U.S. ACTS TO BLOCK SCREWWORM SPREAD
FINANCE
DAILY REPORTING
FED CUTS LIKELY DESPITE INFLATION
STAY CALM, STICK TO PLAN
GOLD SURGES, WHEAT EYES REBOUND
We’ve all seen our fair share of silly AI generated images online, but this post shows that it can be a great tool too! There are some pretty helpful uses in this list, (who doesn’t need a hand getting organized from time to time?) Have you used AI in your daily life?
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, May 06
AUCTION SUMMARY
Joplin Regional Stockyards
7,364 Carthage, MO
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 405.00-470.00 | 400-500 lbs | 360.00-445.00 |
| 500-600 lbs | 365.00-435.00 | 500-600 lbs | 317.50-3.82.50 |
| 600-700 lbs | 325.00-385.00 | 600-700 lbs | 289.00-325.00 |
| 700-800 lbs | 293.00-328.00 | 700-800 lbs | 259.00-295.00 |
| 800-900 lbs | 273.00-290.00 | 800-900 lbs | 255.50-284.50 |
Russell Livestock Auciton
4,474 Russell, IA
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 428.00-500.00 | 400-500 lbs | 367.00-450.00 |
| 500-600 lbs | 365.00-428.00 | 500-600 lbs | 335.00-367.00 |
| 600-700 lbs | 335.00-391.50 | 600-700 lbs | 282.50-335.00 |
| 700-800 lbs | 285.00-330.00 | 700-800 lbs | 279.00-303.00 |
| 800-900 lbs | 280.00-311.00 | 800-900 lbs | 275.00-290.00 |
Oklahoma National Stockyards
4,200 Oklahoma City, OK
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 365.00-417.50 | 400-500 lbs | 353.00-405.00 |
| 600-700 lbs | 324.00-367.00 | 500-600 lbs | 318.00-350.00 |
| 700-800 lbs | 301.00-326.00 | 600-700 lbs | 297.00-318.00 |
| 800-900 lbs | 279.00-293.00 | 700-800 lbs | 269.00-296.00 |
| 900-1000 lbs | 266.25-286.10 | 800-900 lbs | 253.00-272.00 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Tuesday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Jun | 213.675 | 0.025 ▲ | May | 295.700 | 0.375 ▼ |
| Aug | 209.375 | 0.300 ▲ | Aug | 299.200 | 0.300 ▲ |
| Oct | 206.875 | 0.475 ▲ | Sep | 297.875 | 0.325 ▲ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Tuesday
| Corn | Change | Soy Beans | Change | ||
| May | 4.4750 | 0.0100 ▲ | May | 10.3475 | 0.0325 ▼ |
| Jul | 4.5550 | 0.0125 ▲ | Jul | 10.4125 | 0.0425 ▼ |
| Sep | 4.3025 | 0.0250 ▼ | Aug | 10.3575 | 0.0450 ▼ |
KANSAS CITY BOARD OF TRADE
Tuesday
| Wheat | Change | ||||
| May | 5.2475 | 0.0475 ▲ | |||
| Jul | 5.3800 | 0.0525 ▲ | |||
| Sep | 5.5150 | 0.0425 ▲ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Tuesday | 121,000 | Monday |
| Week Ago (est) | 120,000 | Steer & Heifer: 92,000 |
| Year Ago (act) | 123,000 | Cow & Bull: 17,000 |
| Wk To Date (est) | 230,000 | |
| Last Week (est) | 224,000 | |
| Last Year (est) | 241,000 |
Tuesday, May 06
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | 1,331 | 1,439 | 218.38 |
| Live Heifer | 459 | 1,332 | 219.17 |
| Dressed Steer | - | - | - |
| Dressed Heifer | - | - | - |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 344.67 | 332.97 | 11.70 |
| Change from prior day: | +1.10 ▲ | +4.90 ▲ |
DAILY CATTLE SLAUGHTER
| Tuesday | 121,000 | Monday |
| Week Ago | 120,000 | Steer & Heifer: 92,000 |
| Year Ago (act) | 123,260 | Cow & Bull: 17,000 |
| Week To Date | 230,000 | |
| Same Period Last Week | 224,000 | |
| Same Period Last Year | 241,056 |
Tuesday, May 06
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