Lot 70

Ichthys Cattle Enterprise - Annual Sale
Live Event Started: 3/12/22 11:00 AM (CST)

Bidding

Sold For $2,400.00

NATIONAL CATTLE TRACKER: The largest steer and heifer string sold on Thursday was 186 steers (805#) from Stanford, Kentucky at $178.00. The second largest string was 180 steers (606#) from Ogallala, Nebraska at $230.50
NATIONAL STEER TRACKER: The largest steer string sold on Thursday on the National Steer Tracker (700-899#) was 186 steers (805#) from Stanford, Kentucky at $178.00. The average price for the top 10 steer strings sold on Thursday was $186.28, compared to $179.85 on Wednesday
DROUGHT MONITOR: California and part of the South/Southeast were the big winners of precipitation this week, receiving inches of moisture... 78.53% of the contiguous U.S. in drought (D0-D4) this week, compared to 79.75% last week and 72.00% last year
U.S. CATTLE REPORT: WASDE on Friday (11 am cst); Record high 6-weight steers at Ogallala, Nebraska; Texas live sales at $154; Cattle slaughter down 4K from last week; Choice down $2.65 since Friday; Drought and beef exports better
NATURAL GAS: Henry Hub drops $2.27 to $4.53
U.S. EXPORT SALES: Corn sales at 692K mt; Beef sales at 17.9K mt (1.6K this year, 16.3K next year)
CATTLE TRADE: Thus far Thursday trade was light on moderate demand in the Texas Panhandle with a few live purchases reported mostly at 154.00 (U.S. CATTLE REPORT)
Boxed Beef PM: Choice: $247.28 (-1.68); Select: $220.55 (+0.78); Ch/Se Spread: 26.73; Total Loads: 146 compared to 174 on Wednesday (Choice down $2.65 since Friday)
DAILY CATTLE SLAUGHTER: Thursday slaughter at 126K head, compared to 128K last week and 122K last year. WTD slaughter at 508K head, compared to 512K last week and 487K last year (U.S. CATTLE REPORT)
CME LIVESTOCK: Live Cattle: $153.925 (+0.375); Feeder Cattle: $183.475 (+2.575); Hogs: $84.70 (-1.95); Milk: $20.35 (-0.04)
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