The United States Department of Agriculture released its National Daily Feeder and Stocker Cattle PM Summary for St. Joseph, Missouri on June 3. The report provides auction summaries from several livestock markets across Oklahoma and Missouri, as well as updates on futures settlements and boxed beef cutout values.
According to the summary, Beaver Livestock Auction in Beaver, Oklahoma reported feeder steers weighing 600-700 pounds sold between $410.00-$416.00, while feeder heifers at 500-600 pounds brought $425.00-$495.00. Kingsville Livestock in Kingsville, Missouri listed feeder steers at 400-500 pounds selling for $475.00-$575.00 and feeder heifers at 300-400 pounds at $505.00-$569.00.
OKC West Livestock Auction in El Reno, Oklahoma reported that feeder steers weighing 300-400 pounds were sold between $540.00-$580.00, with feeder heifers at 400-500 pounds ranging from $420.00-$445.00.
The Chicago Mercantile Exchange livestock futures settlements indicated live cattle prices for June closed at 246.625 with a change of (1.500), while August contracts settled at 237.850 with a change of (1.800). Feeder cattle contracts showed similar activity, with August closing at 342.625 (5.800) lower than previous sessions.
The USDA also reported daily estimated boxed beef cutout values, listing choice cuts (600-900 lbs) at $395.86 and select cuts (600-900 lbs) at $384.43 based on Wednesday’s market data.
Waitt Grain Company operates in the grain and agriculture sector, concentrates on market information services within the industry, provides market quotes for commodities including corn, soybeans and wheat as well as weather updates and mobile alerts, shares resources with Waitt Trucking, primarily serves the Sheridan area in Indiana where it maintains its headquarters at 22755 Six Points Road—all according to the official website.
