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Lots for Deppe Angus - Progress Through Testing Angus Bull & Female Sale (131)

Live Event Started: 2/25/22 6:30 PM (CST)
Lot 19
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Lot 51
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Lot 40
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U.S. CATTLE REPORT: No turnaround Tuesday; Few live sales steady at $143; 339 steers (820#) from Kimball, South Dakota at $194.25; Drought conditions in Western States most intense in 20 years
NATIONAL CATTLE TRACKER: The largest steer and heifer string sold on Tuesday was 339 steers (820#) from Kimball, South Dakota at $194.25. The second largest string was 227 steers (921#) from West Plains, Missouri at $174.00
NATIONAL STEER TRACKER: The largest steer string sold on Tuesday on the National Steer Tracker (700-899#) was 339 steers (820#) from Kimball, South Dakota at $194.25. The average price for the top 10 steer strings sold on Tuesday was $178.12, compared to $176.52 on Monday
Ranking Of States With The Worst Pasture Conditions: Oklahoma has the worst pasture conditions in the United States followed by Kansas and Nebraska Conditions improved 7 percent in Nebraska from last week
Drought conditions in Western States in summers of 2021, 2022 were the most intense in 20 years (ERS/USDA)
Boxed Beef PM: Choice: $248.43 (+0.59) Select: $221.21 (-2.14); Ch/Se Spread: $27.22; Total Loads: 171 compared to 110 on Monday
Equities Continue Plunge, Taking Cattle Futures With It... There had been overnight hopes for a rally day, a turnaround Tuesday, a bear market bounce. Instead, equites continue to decline in dramatic fashion, back to levels not seen since the fall of 2021 (The Beef)
USDA estimates daily cattle slaughter at 128K head, compared to 128K last week and 119K last year. WTD slaughter at 253K head, compared to 255K last week and 238K last year (Tue)
CME LIVESTOCK: Live Cattle: $146.90 (-0.45); Feeder Cattle: $176.125 (-0.95); Hogs: $88.70 (-1.675); Milk: $21.38 (+0.56)
CME GRAINS: Corn: $6.675 (+1.25); Soybeans: $14.08 (-3.25); Wheat: $8.715 (+13.50); Cotton: $88.09 (-0.28)
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