CME LIVESTOCK: Live Cattle: $177.925 (+0.125); Feeder Cattle: $259.50 (+1.20); Hogs: $104.025 (-0.975) (VIEW COMMODITY QUOTES)
US Cattle Report by National Beef Wire
CME GRAINS: Corn: $4.51 (-0.01); Wheat: $6.2675 (+0.0625); Soybeans: $11.76 (-0.0375); Soybean Meal: $345.20 (-2.40) (VIEW COMMODITY QUOTES)
National Corn Wire
U.S. CATTLE REPORT: May feeders bounce back, highest in a month; Large hail coming to W. Kansas; Daily drop down another 14 cents; D3-D4 drought at 0% in Kansas compared to 60% last year; Beef exports at 15.2K mt (okay but not very good); 21 steers (717#) from Pratt, KS at $287 (highest $ for 7-wts on Thu)
US Cattle Report by National Beef Wire
Short-Range Weather Forecast: Critical fire weather conditions, severe thunderstorms capable of producing severe wind gusts, large hail, strong tornadoes and heavy rainfall remain on tap for the central U.S. this evening
Weather
DROUGHT MONITOR: On this week’s map, one-category degradations were made in Kansas where precipitation has been below normal during the past 90-day period with the greatest departures (4 to 5 inches) observed in south-central and eastern Kansas
Weather
U.S. EXPORT SALES: Beef sales of 15,200 MT for 2024 were down 14 percent from the previous week and 3 percent from the prior 4-week average
Market Update
FRIDAY SALES: Blue Grass, Tri-State, Burwell, Eastern Missouri, Fort Scott, SEMO, Verdigre, St. Onge, Sioux Falls, Edina, Kingsville, Wahoo; Santa Teresa, Sugarcreek, Staunton Union - WATCH LIVE
Salebarn Network
Boxed Beef PM: Choice: $296.92 (+1.18); Select: $289.66 (-0.769; Ch/Se Spread: 7.26; Total Loads: 120 compared to 148 on Wednesday
Cattle Prices
DAILY CATTLE SLAUGHTER: Thursday slaughter at 125K head, compared to 118K last week and 123K last year. WTD slaughter at 488K head, compared to 487K last week and 499K last year (U.S. CATTLE REPORT)
US Cattle Report by National Beef Wire
Swingy... CME cattle futures put in an impressive outside day with a higher close, after making a new low for the move—shaking off a week of bad bird flu news. The big open interest liquidation in cattle futures has already occurred, so the risk off selling seems to have exhausted itself for now. Heading into Friday, it looks like futures may finish with a second higher consecutive weekly close (THE BEEF)
NBW Market Commmentary
STOCK UPDATE: Dow 30: 38,085.80 (-375.12); Nasdaq: 15,611.76 (-100.99); S&P 500: 5,048.44 (-23.19) (Stocks Lower On Tech Stocks Weakness And Stagflation Fears)
Market Update
ENERGY PRICES: Crude Oil: $83.76 (+0.95); Ethanol: $1.725 (+0.00); Natural Gas: $1.967 (-0.012) (Crude Prices Recover Early Losses as the Dollar Weakens)
Market Update
COLD STORAGE: Total pounds of beef in freezers were down 3 percent from the previous month and down 10 percent from last year (lowest for March since 2014)
Cold Storage
REAL TIME PRICES: The largest STEER string (700-899#) sold on Tuesday was 254 steers (889#) from Kimball, SD at $248.50 (VIEW PRICES)
Cattle Prices
REAL TIME PRICES: The largest CALF string sold in the last 7 days was 117 heifers (490#) from Joplin, MO at $306.00 (VIEW PRICES)
National Calf Tracker
OKC WEST LIVESTOCK MARKET: OKC West, located in El Reno, Oklahoma, is a premier facility for handling and marketing livestock. With its modern design and state-of-the-art facilities, OKC West is dedicated to providing top-notch service...
Cattle Prices
WEDNESDAY SALES: OKC West, Springfield, Blue Grass, Sioux Falls, Mitchell, Glacial Lakes, Green City, Joplin, Russell County, Coffeyville, Hub City, Farmington, Paris and MORE (WATCH LIVE)
Salebarn Network
CROP PROGRESS: As of April 21, 2024, some states have surged ahead, surpassing their average planting progress (Melanie Price, Crop Progress Reporter)
Crop Progress