BEEF EXPORTS: Net sales of 20,000 MT for 2022 were down 14 percent from the previous week, but up 3 percent from the prior 4-week average (3rd week over 20 mt)

Ranking Of States With The Worst Pasture Conditions: Arizona has the worst pasture conditions in the United States followed by Texas, Colorado and Montana

KANSAS CATTLE ON FEED: Kansas inventory reported at 2.48 million head, down 30K head from last month. Placements reported at 430K head, down 60K head from last month

U.S. CATTLE REPORT: Live sales steady to $2 lower; Cash feeder market not good compared to Tuesday; Daily drop down 7 cents; Daily cattle slaughter at 125K head everyday this week so far

NATIONAL STEER TRACKER: The largest steer string sold on Wednesday on the National Steer Tracker (700-899#) was 273 steers (871#) from El Reno, Oklahoma at $140.75. The average price for the top 10 steer strings sold on Wednesday was $148.16, compared to $162.47 on Tuesday

Short Range Weather: A slow moving storm system continues to advance to the east bringing a severe weather and flash flooding threat from the Midwest to the central Gulf Coast

SOYBEAN EXPORTS: Net sales of 276,800 MT for 2021/2022 were down 63 percent from the previous week and 48 percent from the prior 4-week average

CORN EXPORTS: Net sales of 151,600 MT for 2021/2022--a marketing-year low--were down 63 percent from the previous week and 73 percent from the prior 4-week average

WHEAT EXPORTS: Net sales reductions of 2,300 metric tons (MT) for 2021/2022--a marketing-year low--were down noticeably from the previous week and from the prior 4-week average

PORK EXPORTS: Net sales of 36,700 MT for 2022 were up 52 percent from the previous week and 39 percent from the prior 4-week average

View More