Lot 11

Edge of the West - Annual Simmental Bull & Female Sale
Live Event Started: 2/8/22 1:00 PM (CST)
NATIONAL CATTLE TRACKER: The largest steer and heifer string sold on Thursday was 212 steers (629#) from Stanford, Kentucky at $187.00. The second largest string was 141 steers (700#) from Stanford, Kentucky at $187.00
NATIONAL STEER TRACKER: The largest steer string sold on Thursday on the National Steer Tracker (700-899#) was 141 steers (700#) from Stanford, Kentucky at $187.00. The average price for the top 10 steer strings sold on Thursday was $174.68, compared to $173.56 on Wednesday
Boxed Beef PM: Choice: $247.36 (+0.30) Select: $216.99 (-2.23); Ch/Se Spread: $30.37; Total Loads: 208 compared to 169 on Wednesday
U.S. EXPORT SALES: Corn sales at 227K mt; Beef at 16.4K mt
DROUGHT MONITOR: Low water levels are impacting barge traffic on the Mississippi River during the harvest, a crucial time
USDA estimates daily cattle slaughter at 127K head, compared to 127K last week and 121K last year. WTD slaughter at 510K head, compared to 507K last week and 484K last year (Thu)
CME LIVESTOCK: Live Cattle: $147.875 (-0.05); Feeder Cattle: $176.425 (-0.90); Hogs: $77.775 (+1.275); Milk: $21.89 (+0.05)
CME GRAINS: Corn: $6.755 (-8.50); Soybeans: $13.58 (-11.75); Wheat: $8.79 (-23.00); Cotton: $82.90 (-0.33)
STOCK UPDATE: Dow 30: 29,926.94 (-346.93); Nasdaq: 11,073.31 (-75.33); S&P 500: 3,744.52 (-38.76) (Stocks Fall As Bond Yields Rise On Hawkish Fed Comments)
ENERGY PRICES: Crude Oil: $88.85 (+1.09); Heating Oil: $3.8755 (+0.1886); Natural Gas: $6.926 (-0.004) (Crude Closes Moderately Higher on Global Supply Concerns)
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