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- CATTLEUSA DRIVE - Wednesday, May 7th
CATTLEUSA DRIVE - Wednesday, May 7th
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WEDNESDAY WIRE
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
| FINANCE
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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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