NATIONAL CALF TRACKER: The largest calf string sold on Thursday was 50 heifers (482#) from Clarinda, Iowa at $268.50. The average price paid on Thursday for the top 10 calf strings was $262.95
Cattle Prices
NATIONAL STEER TRACKER: The largest steer string sold last week on the National Steer Tracker (700-899#) was 304 steers (852#) from El Reno, Oklahoma at $146.00. The average price for the top 10 steer strings (700-899#) sold last week was $155.02, compared to $160.26 last week. (VIEW REPORT)
Cattle Prices
LIVESTOCK COMMENTS: What will not be fine is when some producers lose their shirt tail in a terribly soft market a few years down the road. It will not be an “I told you so” moment
NBW Market Commmentary
CATTLE TRADE: Prices on a live basis primarily ranged from $138 to $141 while dressed prices were mainly $224 to $226. A year ago, prices were $119.71 live and $190.56 dressed (Griffith)
NBW Market Commmentary
CME LIVESTOCK: Live Cattle: $172.90 (+0.525); Feeder Cattle: $241.90 (+0.25); Hogs: $84.65 (+2.60) (Aug feeders hit new contract high at $243.80
US Cattle Report by National Beef Wire
CME GRAINS: Corn: $6.09 (+16.50); Soybeans: $13.525 (+23.00); Wheat: $6.19 (+8.25); Cotton: $86.05 (-0.37)
National Corn Wire
CATTLE WEIGHTS: Live weights reported this week at 1,353 lbs., down 1 lb. from last week, up 7 lbs. from last year (EWMP)
US Cattle Report by National Beef Wire
Weekly red meat production reported at 907.7 million pounds, down 11.3% from last week, down 3.5% from last year (EWMP)
Market Update
CATTLE WEIGHTS: U.S. live cattle weights averaged 1,354 pounds in April 2023, down 12 pounds from last month and down 19 pounds from last year (lowest for April since 2020)
US Cattle Report by National Beef Wire
REAL TIME PRICES: The largest CALF string sold in the last 7 days was 99 heifers (424#) from El Reno, Oklahoma at $277.50 (VIEW PRICES)
National Calf Tracker
Boxed Beef AM: $308.61 (+2.17); Select: $290.25 (+3.93); Ch/Se Spread: 18.36; Total Loads: 70
US Cattle Report by National Beef Wire
Blast Off... Negotiated fed cattle prices in Texas and Kansas have traded $9/cwt higher than last week at $180, making a new all-time high in the region. North, cattle feeders are passing $187 bid. These prices are all-time highs. (THE BEEF)
NBW Market Commmentary
NATIONAL STEER TRACKER: The largest steer string sold on Thursday on the National Steer Tracker (700-899#) was 97 steers (723#) from Pratt, Kansas at $237.00. The average price for the top 10 steer strings sold on Thursday was $228.85
Cattle Prices
DROUGHT MONITOR: It’s hot and dry in the Southwest. Exceptional drought (D4) has developed or expanded in parts of Utah and New Mexico. Meanwhile, most states in the West and Great Plains saw improvements, except for areas of Montana and Texas
Weather
QuickTake: China produces more than 100 billion pounds of 10 different foods: Corn, Rice, Vegetables, Wheat, Sugarcane, Potatoes, Cucumbers, Tomatoes, Watermelons & Sweet Potatoes
Quick Takes
DROUGHT MONITOR: Approximately 46% of the cattle inventory is within an area experiencing drought (VIEW REPORT)
Weather