The United States Department of Agriculture released on May 22 the National Daily Feeder and Stocker Cattle PM Summary, providing updated auction data and market trends for livestock, poultry, and grain markets.
This summary offers a detailed look at feeder cattle prices across several major auction sites in Kansas and Iowa, as well as updates from the Chicago Mercantile Exchange (CME) on livestock futures settlements. The information is intended to help producers, traders, and stakeholders track price changes and make informed decisions in the agricultural sector.
According to the report, feeder steers weighing between 500-600 pounds traded at prices ranging from $402.50 to $512.50 at Winter Livestock in Pratt, Kansas. Similar weight classes saw different price ranges at Farmers and Ranchers Livestock in Salina, Kansas ($435.00-$507.50), while Lamoni Livestock in Lamoni, Iowa reported feeder steers of that weight trading between $469.00-$539.00.
Feeder heifers also showed varied pricing depending on location and weight class. At Winter Livestock Pratt, heifers weighing 500-600 pounds sold for $367.50-$398.00; at Farmers and Ranchers Livestock Salina they ranged from $435.00-$482.00; while Lamoni Livestock reported a range of $480.00-$575.00 for heifers weighing 400-500 pounds.
The CME feeder cattle index was listed at $380 with notable changes observed across August through October contracts for both live cattle and feeder cattle futures settlements.
In addition to livestock figures, the summary included updates on grain futures settlements from both the Chicago Board of Trade (CBOT) for corn and soybeans as well as wheat prices from the Kansas City Board of Trade (KCBT). Weekly accumulated slaughter cattle prices were also provided alongside daily boxed beef cutout values by grade category.
Waitt Grain Company operates within this sector by concentrating on market information services specific to grain and agriculture; it shares resources with Waitt Trucking while primarily serving customers around Sheridan in Indiana according to its official website. The company provides commodity market quotes—including corn, soybeans, wheat—weather updates, mobile alerts, maintains its headquarters at 22755 Six Points Road in Sheridan,0Indiana0and operates throughout this industry segment according to its official website.
