- LIMITED ACCESS -
WEDNESDAY WIRE
MARKET REPORT
WEATHER 20/20 REPORT
AGRICULTURE
COURT UPHOLDS IRRIGATION EXEMPTION
PURDUE DEVELOPS GM CROP BIOSENSOR
SAFETY BEYOND ONE WEEK
FINANCE
DAILY REPORTING
FED FACES POLITICAL PRESSURE
GRAINS RALLY, LIVESTOCK MIXED
MARKETS RISE ON FED HOPES
Freight trains are a cost-effective, fuel-efficient, and environmentally responsible way to move large volumes of cargo long distances. They reduce road congestion, offer high capacity, provide reliable and predictable transit times, and are a very safe mode of land transport for both bulk and containerized goods. In 2024 alone, over 54 million freight containers passed through North America’s 15 busiest ports! 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, September 16
AUCTION SUMMARY
Joplin Regional Stockyards
7,339 Carthage, MO
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 400.00-450.00 | 400-500 lbs | 385.00-445.00 |
| 600-700 lbs | 365.00-435.00 | 500-600 lbs | 365.00-395.00 |
| 700-800 lbs | 353.00-392.50 | 600-700 lbs | 340.00-395.00 |
| 800-900 lbs | 347.00-368.00 | 700-800 lbs | 330.00-354.00 |
| 900-1000 lbs | 322.00-346.00 | 800-900 lbs | 320.00-330.00 |
Oklahoma National Stockyards
6,044 Oklahoma City, OK
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 385.00-456.00 | 400-500 lbs | 372.00-435.00 |
| 600-700 lbs | 363.00-395.00 | 500-600 lbs | 367.00-399.00 |
| 700-800 lbs | 350.00-388.00 | 600-700 lbs | 335.00-380.00 |
| 800-900 lbs | 331.00-355.00 | 700-800 lbs | 329.00-350.00 |
| 900-1000 lbs | 324.00-332.00 | 800-900 lbs | 321.00-337.00 |
Tulsa Livestock Auction
2,402 Tulsa, OK
Monday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 452.50-503.00 | 300-400 lbs | 435.00-475.00 |
| 500-600 lbs | 390.00-470.00 | 400-500 lbs | 410.00-430.00 |
| 600-700 lbs | 380.00-400.00 | 500-600 lbs | 357.50-391.00 |
| 700-800 lbs | 329.00-330.00 | 600-700 lbs | 343.00-355.00 |
| 800-900 lbs | 320.00 | 700-800 lbs | 310.00 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Tuesday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Oct | 233.450 | 1.150 ▼ | Sep | 358.325 | 0.475 ▼ |
| Dec | 235.150 | 1.125 ▼ | Oct | 354.300 | 0.200 ▼ |
| Feb | 237.000 | 0.800 ▼ | Nov | 349.400 | 0.850 ▼ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Tuesday
| Corn | Change | Soy Beans | Change | ||
| Dec | 4.2950 | 0.0625 ▲ | Nov | 10.4975 | 0.0700 ▲ |
| Mar | 4.4700 | 0.0600 ▲ | Jan | 10.6925 | 0.0750 ▲ |
| May | 4.5675 | 0.0550 ▲ | Mar | 10.8425 | 0.0775 ▲ |
KANSAS CITY BOARD OF TRADE
Tuesday
| Wheat | Change | ||||
| Dec | 5.2350 | 0.0950 ▲ | |||
| Mar | 5.4425 | 0.0950 ▲ | |||
| May | 5.5825 | 0.0950 ▲ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Tuesday | 121,000 | Monday |
| Week Ago (est) | 118,000 | Steer & Heifer: 79,000 |
| Year Ago (act) | 126,000 | Cow & Bull: 20,000 |
| Wk To Date (est) | 231,000 | |
| Last Week (est) | 224,000 | |
| Last Year (est) | 247,000 |
Tuesday, September 16
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: | 392.62 | 373.17 | 19.45 |
| Change from prior day: | -5.91 ▼ | -5.63 ▼ |
DAILY CATTLE SLAUGHTER
| Tuesday | 121,000 | Monday |
| Week Ago | 118,000 | Steer & Heifer: 93,000 |
| Year Ago (act) | 126,292 | Cow & Bull: 17,000 |
| Week To Date | 231,000 | |
| Same Period Last Week | 224,000 | |
| Same Period Last Year | 247,107 |
Tuesday, September 16
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