U.S. CATTLE REPORT: Corn planting at 27%, emerged at 7%; Boxed beef $1.79 trading range for a week; Cattle slaughter starts slow again at 113K
US Cattle Report by National Beef Wire
TUESDAY SALES: OKC West; Ozarks Regional; Bluegrass; Rezac; F&T; Beaver County; Knoxville; Springfield; Cleveland County; Four State; Humeston AND MORE (WATCH LIVE)
Salebarn Network
CORN PLANTING PROGRESS: U.S. at 27%; Iowa at 39%; Kansas at 39%; Missouri at 63%; Texas at 71%; Ohio at 6%
US Cattle Report by National Beef Wire
Boxed Beef PM: Choice: $297.53 (+0.39); Select: $290.21 (+1.49); Ch/Se Spread: 7.32; Total Loads: 104 compared to 125 on Friday
Cattle Prices
Shifting Sand... Last week’s positive momentum has also begun to slow as boxed beef prices are reluctant to come to life for the spring rally. Also a major plant in the High Plains’ fed cattle plant unexpectedly ended up dark today. Last week’s 613k head slaughter was smaller than expected as packers fight red ink and softer beef demand than the last three years (THE BEEF)
NBW Market Commmentary
DAILY CATTLE SLAUGHTER: Monday slaughter at 113K head, compared to 113K last week and 122K last year. (U.S. CATTLE REPORT)
US Cattle Report by National Beef Wire
CME LIVESTOCK: Live Cattle: $177.15 (-1.425); Feeder Cattle: $259.625 (-0.925); Hogs: $102.475 (+0.00) (VIEW COMMODITY QUOTES)
US Cattle Report by National Beef Wire
CME GRAINS: Corn: $4.4925 (-0.0075); Wheat: $6.085 (-0.1375); Soybeans: $11.82 (+0.0475); Soybean Meal: $354.30 (+9.60) (VIEW COMMODITY QUOTES)
National Corn Wire
STOCK UPDATE: Dow 30: 38,386.09 (+146.43); Nasdaq: 15,983.08 (+55.18); S&P 500: 5,116.17 (+16.21) (Strong Q1 Earnings And Lower Bond Yields Boost Stocks)
Market Update
ENERGY PRICES: Crude Oil: $82.73 (-1.12); Ethanol: $1.72 (-0.0025); Natural Gas: $2.05 (+0.127) (Nat-Gas Prices Jump on Forecasts for Warm US Temps)
Market Update
JOPLIN REGIONAL: The largest string sold so far today at Joplin was 139 steers (824#) at $251.50 -- good start to Monday! (WATCH JOPLIN LIVE)
National Calf Tracker
TODAY'S SALES: The largest string sold so far today was 167 heifers (767#) from Worthing, SD at $244.00 (WATCH LIVE SALES NOW)
US Cattle Report by National Beef Wire
SIOUX FALLS REGIONAL (WORTHING, SD): At the crossroads of convenience and quality, Sioux Falls Regional Livestock (SFRL) stands as a beacon for livestock producers seeking a premier marketplace to sell their animals
US Cattle Report by National Beef Wire
BLUE GRASS STOCKYARDS (STANFORD, KY): The largest string sold at Stanford so far in 2024 was 197 steers (861#) at $215.00 on Jan 4th. There have been 12 sales at Stanford so far in 2024 that were 100 head or larger (WATCH LIVE NOIW)
US Cattle Report by National Beef Wire
MONDAY SALES: Joplin Regional; Blue Grass; Central Livestock; Sioux Falls; Springfield; Mankota; WNC Livestock; Russell; Gainesville; Callaway; Glasgow; Central Oregon; AND MORE (WATCH LIVE)
Salebarn Network
CATTLE WEIGHTS: Live weights reported this week at 1,399 lbs., unchanged from last week, up 47 lbs. from last year (EWMP)
US Cattle Report by National Beef Wire
Beef Production Down 1.1% From Last Week, Cattle Weights Up 47 Pounds From Last Year (ewmp)
US Cattle Report by National Beef Wire
JOPLIN REGIONAL STOCKYARDS: Pioneering Excellence in Livestock Marketing | For over 70 years, Joplin Regional Stockyards has stood as a beacon of excellence in the beef industry, earning its reputation as the largest cow/calf auction in the nation
Market Update
Weekly cattle slaughter reported at 613K head, compared to 620K last week and 627K last year. YTD slaughter at 10.15 million head, down 4.7% from last year (EWMP)
US Cattle Report by National Beef Wire
LIVESTOCK COMMENTS: The way of pictorially describing price movements if placed on a graph is jumping on a pogo stick while riding a roller coaster. There is no doubt those can both be fun endeavors by themselves, but the combination of the two would either be extremely exhilarating or scare the pants off a turtle
NBW Market Commmentary