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There are a few light starter bids for the short week at $110, though not much action has taken place (Brugler)    
 
Friday’s CoF report showed 11.973 million head of cattle were on feed on 11/1. The largest surprise came via placements, down 11% from last year and the third lowest for Oct all-time (Brugler)    
 
Joplin Regional Stockyards: Top 25 Steer & Heifer Strings  (VIEW REPORT)


TOP 25: The largest steer and heifer string sold on Monday was 282 steers (908#) from Joplin, Missouri at $134.25. The second largest string was 180 steers (739#) from Joplin, Missouri at $137.35 (VIEW REPORT) 

COLD STORAGE:   Beef in freezers totaled 500.5 million pounds in October, up 8% from last month, up 7% from last year (VIEW REPORT)    

MEATBOARD: Boxed Beef Choice: $241.60 (+3.25); Pork Carcass: $77.77 (-0.40); Chicken Breast: $99.07 (+7.70) (Mon pm)    
 
SCHWIETERMAN CATTLE: Live cattle futures closed sharply higher to start the week, supported by the friendly on feed report and continued strength in the boxed beef (VIEW REPORT)    
 
SCHWIETERMAN FEEDER CATTLE: Feeder cattle futures closed sharply higher to start the week and could see support from 6 cent lower corn trade in the overnight. Cash index levels were up about .20 on Monday and should get support from the higher futures trade (VIEW REPORT)    
 
Live Cattle Trends: Short Term: Down; Long Term: Down    
Feeder Cattle Trends: Short Term: Down; Long Term: Up    

 
SCHWIETERMAN CORN: The best reason for the weakness overnight is “Turn around Tuesday,” and profit taking (VIEW REPORT)    
 
Corn Trends: Short Term: Up; Long Term: Up    
Wheat Trends: Short Term: Down; Long Term: Up    
Soybeans Trends: Short Term: Up; Long Term: Up    

 
Demand is being questioned for the first time in months... US row crop markets gave ground early in the session and gained momentum to the downside as London based institutional money added sell pressure through the night (BQCI)    
 
Trump downplays GSA move to ascertain Biden as apparent winner... President Trump took to Twitter late Monday to respond to those who see the General Services Administration’s decision to make federal resources available to Joe Biden’s transition team as a sign that his legal challenge is losing steam (Fox News)    
 
BEFORE THE BELL: U.S. stock futures rose, mirroring global share markets, as the formal go-ahead for U.S. President-elect Joe Biden to begin his transition brightened a November already boosted by COVID-19 vaccines (Reuters)    
 
Apple's security chief on Monday was indicted on bribery charges as prosecutors alleged he promised a donation of 200 iPads to the Santa Clara County Sheriff's Office to secure four concealed-weapon permits for Apple employees (Reuters)    
 
U.S. President-elect Joe Biden began a new phase in his transition to the White House after the Trump administration gave the Democrat access to critical resources that will enable him to take the reins of power in January (Reuters)    
 
US dollar rebounds from 2 ½ month low; Holiday travel expected to be down this year; Corn remains cheapest feed grain in world (AgriVisor)    
 
In his first on-camera interview in four years, Charles Koch told "Axios on HBO" that he "screwed up by being partisan," rather than approaching his network's big-spending political action in a more nonpartisan way (Axios)    
 
Futures were under moderate pressure overnight as long-liquidation ahead of the holiday break developed. Country movement of farm stored inventory has been on the light side sine the conclusion of the harvest season (AgriVisor)    
 
After last evening's announcement by GSA administrator Emily Murphy let the formal transition begin, the Biden team has more than just access to money, office space, classified information and secured emails (Axios)    
 
Gas prices down 1 cent this week to $2.10, down 48 cents from last year    
Diesel prices up 2 cents this week to $2.46, down 60 cents from last year    

 
CATTLE WEATHER REPORT: Severe storms possible in Oklahoma; Heavy snow continues in Central Rockies    
AMARILLO, TX: Isolated showers between 2pm and 5pm. Patchy blowing dust after noon. Mostly sunny, with a high near 62. Windy, with a south southwest wind 20 to 30 mph becoming northwest in the afternoon    
GARDEN CITY, KS: Rain before 3pm, then rain and snow between 3pm and 4pm, then snow after 4pm. Temperature falling to around 33 by 4pm. Windy, with a west southwest wind 15 to 20 mph becoming north 23 to 28 mph in the afternoon (VIEW REPORT)    
NORTH PLATTE, NE: Patchy fog between 10am and 11am. High near 42. Breezy, with a north wind 15 to 20 mph, with gusts as high as 30 mph    
GREAT FALLS, MT: Sunny, with a high near 44. Breezy, with a southwest wind 15 to 23 mph, with gusts as high as 33 mph    
 
Oklahoma National Stockyards: Feeder steers and heifers $3-5 higher, steer and heifer calves trading $3-6 higher (AMS/USDA)    
 
Joplin Regional Stockyards: Steer calves and yearling steers under 750 lbs steady, steers over 750 lbs steady to $5 higher (AMS/USDA)


                   Channel 7

NBW Reports

Beef Balance Sheet

CATTLE FLASH 

Cattle Inventory By State: This Year vs. Last Year
Cattle Inventory Highlights
Cattle Inventory:  Ranking Of States With The Most Cattle
Cattle on Feed
Cattle Slaughter By State
Cold Storage

Corn Balance Sheet

Corn Progress By State
Estimated Weekly Meat Production
Export Sales Highlights
Farms and Land in Farms Highlights
Livestock Comments
Livestock Slaughter
Livestock, Dairy & Poultry Outlook
Milk Production By State
National Drought Monitor
National Feeder Cattle Report
National Grain Report
Natural Gas Weekly Update
Number Of Farms By State
Quarterly Hogs & Pigs

Price Projections For Steers, Hogs, Milk

Protein Production Estimates
Ranking Of States With The Largest Farms
Ranking Of States With The Most Farms
Ranking Of States With The Most Land In Farms
Red Meat By Production By State

Soybean Balance Sheet
Today's Weather

Top 25:  Largest Steer & Heifer Strings Sold Today
United States Ag Production Report
USDA Grain Stocks Report
USDA Prospective Plantings Report
WASDE: Feed Grain Outlook
WASDE: Livestock, Dairy & Poultry Outlook
WASDE: Oilseed Outlook
WASDE: Wheat Outlook

Wheat Balance Sheet





Rob Cook, RobCookKC@Gmail.com