Introducing CattleChannel: A New Way to CattleUSA
AI could become the largest infrastructure investment boom in U.S. history. At a projected 3.6% of GDP annually through 2032, AI spending could surpass the scale of the railroad, highway and telecom booms. The scale is extraordinary. But one question remains: will the economic returns justify the investment? 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, October 20
AUCTION SUMMARY
Joplin Regional Stockyards
8,057 Carthage, MO
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 600-700 lbs | 355.00-400.00 | 400-500 lbs | 370.00-430.00 |
| 700-800 lbs | 338.00-365.00 | 500-600 lbs | 341.00-374.00 |
| 800-900 lbs | 323.50-344.50 | 600-700 lbs | 335.00-361.00 |
| 900-1000 lbs | 311.00-329.50 | 700-800 lbs | 316.00-336.00 |
| 1000-1100 lbs | 299.00-309.75 | 800-900 lbs | 290.00-323.50 |
Oklahoma National Stockyards
4,329 Oklahoma City, OK
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 460.00-555.00 | 400-500 lbs | 394.00-435.00 |
| 500-600 lbs | 389.00-470.00 | 500-600 lbs | 338.00-377.00 |
| 600-700 lbs | 340.00-381.00 | 600-700 lbs | 315.00-360.00 |
| 700-800 lbs | 334.00-372.00 | 700-800 lbs | 323.00-346.00 |
| 800-900 lbs | 327.00-356.00 | 800-900 lbs | 295.00-313.00 |
Torrington Livestock
3,310 Torrington, WY
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 300-400 lbs | 637.00-685.00 | 300-400 lbs | 531.00-569.00 |
| 400-500 lbs | 510.00-589.00 | 400-500 lbs | 449.00-521.00 |
| 500-600 lbs | 431.00-513.00 | 500-600 lbs | 380.00-436.00 |
| 600-700 lbs | 390.00-439.00 | 600-700 lbs | 395.00 |
| 700-800 lbs | 362.00-377.00 | 700-800 lbs | - |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Tuesday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Oct | 229.450 | 1.950 ▲ | Oct | 345.900 | 1.475 ▲ |
| Dec | 230.175 | 2.150 ▲ | Nov | 346.300 | 2.375 ▲ |
| Feb | 233.100 | 2.175 ▲ | Jan | 342.625 | 2.700 ▲ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Tuesday
| Corn | Change | Soy Beans | Change | ||
| Dec | 4.6200 | 0.0500 ▼ | Nov | 12.4825 | 0.0525 ▼ |
| Mar | 4.7600 | 0.0450 ▼ | Jan | 12.6350 | 0.0525 ▼ |
| May | 4.8400 | 0.0450 ▼ | Mar | 12.7325 | 0.0450 ▼ |
KANSAS CITY BOARD OF TRADE
Tuesday
| Wheat | Change | ||||
| Dec | 6.9100 | 0.0850 ▼ | |||
| Mar | 7.0300 | 0.0850 ▼ | |||
| May | 7.0900 | 0.0750 ▼ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Tuesday | 112,000 | Monday |
| Week Ago (est) | 110,000 | Steer & Heifer: 86,000 |
| Year Ago (act) | 117,000 | Cow & Bull: 19,000 |
| Wk To Date (est) | 217,000 | |
| Last Week (est) | 216,000 | |
| Last Year (est) | 207,000 |
Tuesday, October 20
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: | 373.30 | 361.54 | 11.76 |
| Change from prior day: | +1.72 ▲ | +1.63 ▲ |
DAILY CATTLE SLAUGHTER
| Tuesday | 112,000 | Monday |
| Week Ago (est) | 110,000 | Steer & Heifer: 86,000 |
| Year Ago (act) | 116,864 | Cow & Bull: 19,000 |
| Wk To Date (est) | 217,000 | |
| Last Week (est) | 216,000 | |
| Last Year (est) | 207,138 |
Tuesday, October 20
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