CLARA LIVE: 🏆 Beaver County’s Third Straight Week of Records; Philip Livestock Sets National Marks 🏆
CLARA LIVE
As of this week, U.S. pasture conditions were rated 43% good to excellent, down from 46% the previous week but still above 40% at the same time last year. State-level ratings showed Missouri leading at 90%, followed by Oklahoma at 69%, Texas at 58%, Kansas at 57%, Colorado at 50%, Nebraska at 33%, Wyoming at 21%, and Montana at 17%.
US Cattle Report by National Beef Wire
COARSE GRAIN OUTLOOK (WASDE): Corn production for 2025/26 is forecast down 115 million bushels on lower planted and harvested area from the June 30 Acreage report. The yield is unchanged at 181.0 bushels per acre. Total use is cut 50 million bushels with a reduction for feed and residual use based on lower supplies
WASDE
LIVESTOCK, DAIRY & POULTRY OUTLOOK (WASDE): For 2026, the beef production forecast is raised. Higher expected feedlot placements are expected during the second half of 2025, as strong demand for beef supports feeder cattle prices...
WASDE
USDA reported 115,000 head of cattle slaughtered on Thursday, up from 112,000 the previous week but down from 122,678 a year ago. Week-to-date (WTD) slaughter stands at 464,000, compared to 472,000 last week and 479,228 during the same week in 2024. Year-to-date (YTD) cattle slaughter totals 15,515,803, down 6.4% from 16,576,572 at this point in 2024.
US Cattle Report by National Beef Wire
September corn futures closed Thursday at $4.2025, up 2.25 cents on the day and up 14.25 cents over the past two sessions. The contract had settled at $4.29 on June 18, but then fell in seven of the next eight sessions, bottoming at $4.06. After that sharp decline, corn has bounced the last two trading days — up 12 cents on Wednesday and 2.25 cents on Thursday (corn futures)
CLARA (Cattle Livestock Analytics and Reporting AI)
The U.S. cattle on feed inventory totaled 11.44 million head on June 1, up 66,000 from May’s 11.38 million. Texas led with 2.63 million head, followed by Nebraska at 2.56 million and Kansas at 2.35 million. Together, these three states accounted for 68% of the national total.
US Cattle Report by National Beef Wire
USDA GRAIN STOCKS REPORT: Corn stocks in all positions on June 1, 2025 totaled 4.64 billion bushels, down 7 percent from June 1, 2024. Of the total stocks, 2.56 billion bushels are stored on farms, down 16 percent from a year earlier.
Market Update
COLD STORAGE: Total pounds of beef in freezers were down 3 percent from the previous month and down 1 percent from last year.
Cold Storage
Joplin Regional: Top 10 Calf Sales By String Size (Monday) | The largest calf string sold at Joplin on Monday was 29 heifers (477#) at $191.00.
Drovers
On Thursday morning, the Choice cutout value for 600–900 lbs was $350.24, up 0.88 from the previous day, while the Select cutout value for the same weight category was $338.82, up 2.97. The Choice/Select spread stood at 11.42. Total load count, including cuts, trimmings, and grinds, was 44. If it holds, this will be the new high of the year.
US Cattle Report by National Beef Wire
BOXED BEEF REPORT: Boxed beef prices surged to a new high for the year on Monday, with Choice cutouts closing at $342.70 and Select at $325.12. Choice gained $6.22 on the day, while Select added $5.01, pushing the Choice/Select spread to $17.58. This marks not only the highest level of 2025 so far but also the highest Choice cutout value since June 16, 2023
US Cattle Report by National Beef Wire
CLARA: As of March 1, 2025, corn stocks in all positions totaled 8.15 billion bushels, down 2% from the same date in 2024. On-farm stocks accounted for 4.50 billion bushels, an 11% decline from last year, while off-farm stocks rose 12% to 3.65 billion bushels. The indicated disappearance for the December 2024 to February 2025 period was 3.92 billion bushels, up from 3.82 billion bushels during the same period a year earlier.
CLARA (Cattle Livestock Analytics and Reporting AI)
Futures opened lower Friday morning but have since turned green across the cattle complex. April Live Cattle is up $0.45 at $210.00, with deferred contracts also higher. Feeder Cattle are trading higher as well, led by April at $288.05 (+0.50) and October at $287.85 (+0.675). May Corn is at $4.49, down 1 cent, with losses extending slightly into deferred months. (CLARA)
CLARA (Cattle Livestock Analytics and Reporting AI)
U.S. beef imports in January 2025 were a record 608 million pounds, over 100 million pounds (21 percent) higher than January 2024. The main contributor to the large year-over-year increase is imports from Brazil, up 42 million pounds from a year ago. Paraguay became eligible to export fresh beef to the United States in December 2023
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)
The Drought Report: U.S. drought this week stands at 67.06%, down from 66.36% last week but higher than 47.38% last year. The week featured wild temperature swings, with Nebraska seeing a 102-degree shift from -33°F to 69°F in just five days
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