The United States Department of Agriculture released its National Daily Feeder and Stocker Cattle PM Summary for Monday, June 1 in St. Joseph, Missouri. The report includes auction summaries from several livestock markets across Nebraska and South Dakota as well as market data from the Chicago Mercantile Exchange and grain futures settlements.
According to the summary, feeder steers weighing 500-600 pounds sold between $460.00 and $508.00 while feeder heifers of similar weight ranged from $442.50 to $502.50 at Crawford Livestock in Nebraska. Medium and large frame steers weighing 700-800 pounds were reported at prices between $378.00 and $410.00, with heifers in the same category selling from $340.00 to $363.00.
Additional data was provided for Ericson Livestock in Ericson, Nebraska; AMS_1853 with a Saturday headcount of 1,633; Herried Livestock in Herried, South Dakota; AMS_2024 with a Friday headcount of 1,179; Torrington Livestock in Torrington, Wyoming; as well as price trends across different weight classes for both steers and heifers.
The report also detailed livestock futures settlements on the Chicago Mercantile Exchange for live cattle (June contracts settled at 249.000) and feeder cattle (August contracts settled at 351.550). Grain futures settlements were included from both the Chicago Board of Trade (corn July contract at 4.4400) and Kansas City Board of Trade (wheat July contract at 6.4700).
Daily estimated boxed beef cutout values showed Choice cuts at $392.83 per hundredweight for loads between 600-900 pounds, while Select cuts were reported at $383.09 per hundredweight over nine loads traded that day.
Waitt Grain Company operates within the grain and agriculture sector, offering market information services such as commodity quotes on corn, soybeans, and wheat along with weather updates and mobile alerts; it shares resources with Waitt Trucking out of its headquarters located on Six Points Road in Sheridan, Indiana, according to the official website.
