CATTLE ON FEED: U.S. inventory reported at 12.04 million head on January 1st, up 1% from last year. This is the second highest January 1 inventory since the series began in 1996. The U.S. inventory has been larger than 11 million head for 50 out of the last 51 months (VIEW REPORT)

LIVESTOCK COMMENTS: The finished cattle market is supported by beef demand and fewer cattle, and the expectation is that those two factors will continue to support prices (VIEW REPORT)

BEEF PRODUCTION: Weekly production reported at 535.5 million pounds, up 3.1% from last week, down 4.5% from last year (EWMP)

MEATBOARD: Boxed Beef Choice: $292.41 (-0.57); Pork Carcass: $93.29 (+1.05); Chicken Breast: $236.74 (+2.83) (Fri pm)

CME LIVESTOCK: Live Cattle: $142.10 (-1.075); Feeder Cattle: $163.30 (-1.65) Hogs: $94.95 (+0.95); Milk: $21.72 (+0.03)

CME GRAINS: Corn: $6.1625 (+5.25); Soybeans: $14.1425 (-11.50); Wheat: $7.80 (-10.25); Cotton: $120.75 (-2.12)

STOCK UPDATE: Dow 30: 34,265.37 (-450.02); Nasdaq: 13,768.92 (-385.10); S&P 500: 4,397.94 (-84.79)

BEEF EXPORTS: Net sales of 12,800 MT for 2022 were primarily for China (3,900 MT, including decreases of 100 MT), Japan (2,100 MT... (VIEW REPORT)

Sale Results for Rolling B Ranch - Annual Angus Bull Sale

Sale Results for Cattleman Bull & Female Sale - 44th Annual Sale

View More