Introducing CattleChannel: A New Way to CattleUSA
Value stocks are striking back. The S&P 500 Value Index is up 12.5% YTD, versus 5.6% for Growth—more than double the gain. Growth’s summer lead has evaporated, leaving Value ahead by nearly 7 percentage points. A temporary reversal—or a lasting shift in market leadership? Source: Bloomberg. 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, November 10
AUCTION SUMMARY
Oklahoma National Stockyards
5,500 Oklahoma City, OK
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 300-400 lbs | 550.00-592.50 | 300-400 lbs | 425.00-540.00 |
| 400-500 lbs | 460.00-545.00 | 400-500 lbs | 350.00-435.00 |
| 500-600 lbs | 405.00-477.00 | 500-600 lbs | 341.00-375.00 |
| 600-700 lbs | 337.00-415.00 | 600-700 lbs | 315.00-348.00 |
| 700-800 lbs | 329.00-355.00 | 700-800 lbs | 320.00-334.00 |
Joplin Regional Stockyards
4,987 Carthage, MO
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 375.00-450.00 | 300-400 lbs | 415.00-460.00 |
| 600-700 lbs | 350.00-387.00 | 400-500 lbs | 385.00-420.00 |
| 700-800 lbs | 335.00-349.00 | 500-600 lbs | 345.00-385.00 |
| 800-900 lbs | 318.00-332.00 | 600-700 lbs | 326.00-342.00 |
| 900-1000 lbs | 299.00-307.00 | 700-800 lbs | 313.00-333.00 |
Winter Livestock
4,371 La Junta, CO
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 300-400 lbs | 565.00-585.00 | 300-400 lbs | 480.00-520.00 |
| 400-500 lbs | 512.50-565.00 | 400-500 lbs | 419.00-457.50 |
| 500-600 lbs | 417.00-459.00 | 500-600 lbs | 362.00-411.00 |
| 600-700 lbs | 354.00-395.00 | 600-700 lbs | 323.00-342.00 |
| 700-800 lbs | 318.00-343.00 | 700-800 lbs | - |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Tuesday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Dec | 219.200 | 3.000 ▲ | Nov | 330.350 | 2.000 ▲ |
| Feb | 222.575 | 2.475 ▲ | Jan | 326.675 | 2.500 ▲ |
| Apr | 225.125 | 2.225 ▲ | Mar | 323.350 | 3.150 ▲ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Tuesday
| Corn | Change | Soy Beans | Change | ||
| Dec | 4.4900 | 0.0975 ▲ | Nov | 12.2450 | 0.4225 ▲ |
| Mar | 4.6150 | 0.0925 ▲ | Jan | 12.2800 | 0.3975 ▲ |
| May | 4.6975 | 0.0900 ▲ | Mar | 12.3450 | 0.3950 ▲ |
KANSAS CITY BOARD OF TRADE
Tuesday
| Wheat | Change | ||||
| Dec | 6.3425 | 0.0175 ▲ | |||
| Mar | 6.4175 | 0.0250 ▲ | |||
| May | 6.4425 | 0.0250 ▲ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Tuesday | 111,000 | Monday |
| Week Ago (est) | 107,000 | Steer & Heifer: 89,000 |
| Year Ago (act) | 116,000 | Cow & Bull: 18,000 |
| Wk To Date (est) | 218,000 | |
| Last Week (est) | 211,000 | |
| Last Year (est) | 229,000 |
Tuesday, November 10
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | - | - | - |
| Live Heifer | - | - | - |
| Dressed Steer | - | - | - |
| Dressed Heifer | - | - | - |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 362.98 | 351.62 | 11.36 |
| Change from prior day: | +0.24 ▲ | -2.11 ▼ |
DAILY CATTLE SLAUGHTER
| Tuesday | 111,000 | Monday |
| Week Ago (est) | 107,000 | Steer & Heifer: 89,000 |
| Year Ago (act) | 116,223 | Cow & Bull: 18,000 |
| Wk To Date (est) | 218,000 | |
| Last Week (est) | 211,000 | |
| Last Year (est) | 228,750 |
Tuesday, November 10
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