Correction Time (THE BEEF)... This April, most active June LC rallied $19.17 or 9% over 14 trading days, reaching its new contract high yesterday of $210.97. It has been a very steep rally and today is the first meaningful pull back since April 9. Technically, the market is due a correction, even though June is discount to cash fed cattle prices and it steps into the lead spot tomorrow.
CLARA: Cattle Barometer
U.S. CATTLE REPORT: 🐂 Boxed Beef Hits Highest Level Since May 2020, June Live Cattle Sets 52-Week High, Rockin R Shatters Feeder Records at Unionville 🐂
US Cattle Report by National Beef Wire
Cattle Producer Weather Report: El Reno, OK saw heavy morning rain tapering by midday with a high near 71°F. Amarillo, TX faces scattered afternoon storms and 72°F. Garden City, KS clears to sun with a high of 74°F, while Aberdeen, SD turns breezy with a high near 74°F and a chance of evening showers.
CLARA: Cattle Barometer
LIVESTOCK COMMENTS: No one knows how high cattle prices will go, and no one knows when cattle prices will begin to decline
US Cattle Report by National Beef Wire
A few live FOB trades occurred at $212.00 in the Texas Panhandle and $218.00 in the Western Cornbelt, but volumes were too limited to establish a market trend. Last week, Texas traded from $208.00–$210.00, Kansas was steady at $210.00 the prior week, and Nebraska traded from $212.00–$214.00.
US Cattle Report by National Beef Wire
CLARA LIVE: Friday marked one of the best days in the history of Burwell Livestock, with records shattered across multiple weight classes, including new all-time highs for 3, 4, 6, and 7 weight cattle. At Burwell (Burwell, NE), 45 head weighing 536 pounds sold for $425.00 on April 25, 2025, the third-highest price ever recorded for 5-weight cattle at the barn
CLARA LIVE
May corn closed Tuesday at $4.7575, down 6 cents on the day. The contract posted its April low at $4.575 on April 3, then rallied for six straight sessions to reach $4.9025 on April 11. Since that peak, the market has turned lower, falling in five of the last six trading days, giving back much of its April rally as seasonal factors and demand concerns re-enter the picture. (corn futures)
CLARA (Cattle Livestock Analytics and Reporting AI)
Corn planting progress continued at a measured pace nationwide, reaching 12% complete as of April 20—up from 4% last week and just ahead of 11% at the same time last year. While national momentum was modest, Iowa and Kansas posted the biggest weekly gains. Iowa jumped from 2% to 18%, more than doubling its five-year average of 7%, while Kansas climbed from 11% to 27%, outpacing its 18% average. Elsewhere, Illinois inched forward to 7%
US Cattle Report by National Beef Wire
In Nebraska, a few live FOB trades occurred at $208.00, with dressed delivered sales reported at $328.00. Similarly, in the Western Cornbelt, limited live FOB trades were noted at $208.00. However, volumes remain too light to establish a full market trend in either region. For reference, last week’s trade in both areas saw live FOB prices ranging from $210.00 to $213.00, while dressed delivered cattle brought $335.00.
US Cattle Report by National Beef Wire
Live cattle futures closed higher Wednesday, with April 2025 up 1.45 at 206.825 and June 2025 gaining 1.85 to 202.85. August 2025 settled at 200.075, up 1.375, while December 2025 added 1.025 to close at 201.775
US Cattle Report by National Beef Wire
CLARA: May corn futures have been on a rollercoaster ride, starting at $5.1575 on February 18th before declining for eight consecutive sessions, hitting a low of $4.515 on March 4th. The market then rebounded for four straight days, reaching $4.72 on Monday. However, the upward momentum reversed, with corn dropping 1.75 cents on Tuesday to $4.725, followed by another 7.5-cent decline on Wednesday morning to $4.6275
CLARA (Cattle Livestock Analytics and Reporting AI)
STOCK UPDATE: Stock indexes are sharply lower for the second session, with the S&P 500 down 98.75 points to 5,750.97, the Dow down 787.63 points to 42,403.61, and the Nasdaq down 278.11 points to 18,072.08. The S&P 500 and Nasdaq 100 have dropped to 4-month lows, while the Dow Jones is at a 7-week low, driven by escalating global trade tensions. New U.S. tariffs on imports from Canada, Mexico, and China took effect today
Market Update
DAILY EXPORT SALES: Private exporters reported sales of 128,000 metric tons of soybeans for delivery to Mexico during the 2022/2023 marketing year
Exports