The Morning Wire / Mon Jun 15, 2026

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The Morning Wire

The trading day in one page — Mon, Jun 15
● Written from USDA reportsEvery figure as filed
← earliestJun 15latest →

The market in a line

Mon, Jun 15
Choice cutout closed $3.12 higher at $395.05. 52 barns across 16 states reported 3,674 priced lots.

Feeder steers

National, week of Jun 15 USDA
Weighted across every reported lot, by weight class. Weekly rather than daily — one day's barns are too thin a base for a national figure.
WeightPricevs prior weekHeadBarns
300-399 lb565.28/cwt$4.05 higher2,372143
400-499 lb495.50/cwt$4.48 higher5,255156
500-599 lb459.05/cwt$5.33 higher9,107161
600-699 lb419.76/cwt$5.34 higher9,445155
700-799 lb385.83/cwt$6.80 higher6,217132
800-899 lb363.63/cwt$11.95 higher11,40584

Barn by barn, 500–599 lb steers

Same day, same class USDA
Every barn that sold at least 20 head of this class on Mon, Jun 15, weighted by head. Spread of $95.32 between the top and bottom of 20 barns. An average moves with the cattle that showed up as much as with the buyers in the seats — a yard with better grade will average higher on the same demand. This is where the money landed, not a verdict on the barn.
BarnStateAverageHead
Sioux Falls Regional LivestockSD518.21/cwt123
Callaway Livestock CenterMO500.03/cwt245
Tina LivestockMO482.94/cwt109
Farmers Livestock Exchange, Inc.VA475.36/cwt56
Joplin Regional StockyardsMO471.03/cwt1,098
Paris Livestock AuctionKY462.02/cwt24
Lynchburg Livestock Market, Inc.VA456.54/cwt157
Tulsa Stockyards Inc.OK452.67/cwt135
Oklahoma National Stockyards MarketOK449.68/cwt343
Florence StockyardsAL448.88/cwt36
Owensboro Livestock AuctionKY445.85/cwt49
Cleburne County Livestock AuctionAR445.40/cwt77
Roswell Livestock AuctionNM444.27/cwt56
Meridian Livestock AuctionMS441.21/cwt26
Okeechobee Livestock Auction (Mon)FL432.57/cwt58
Arcadia Stockyard (Mon)FL432.24/cwt49
Giddings Livestock CommissionTX432.17/cwt121
DonalsonvilleGA429.49/cwt42
Cattlemans Livestock Auction - West Point, MSMS423.44/cwt26
Dickson Livestock AuctionTN422.89/cwt73

Boxed beef

PM close · Jun 15 USDA
Choice $395.05, $3.12 higher. Select $376.41, $3.69 higher. The Choice–Select spread stands at $18.64. 68 loads traded.

Fed cattle

Negotiated cash, week to date USDA
11,110 head traded Jun 9–Jun 15.
RegionBasisPriceHead
Iowa-MinnesotaDressed Delivered403.931,200
Iowa-MinnesotaLive Delivered257.913,321
Iowa-MinnesotaLive FOB255.052,803
NebraskaDressed Delivered404.672,169
NebraskaLive FOB255.00727
TX-OK-NMLive Delivered256.0018

At the barns

USDA market reporters, as filed USDA
One barn per state, largest first — more states file than fit here. Your own state is linked below.

Compared to last week: All classes to light to test market with limited receipts. Few large groups sold with a good quality and demand. Slaughter cows were steady and slaughter bulls were 1.00 higher with a good quality and demand.

Tulsa Stockyards Inc. · Oklahoma

Compared to one week ago: Slaughter cattle sold steady. Feeder heifers sold steady. Feeder steers and bulls sold 1.00 to 4.00 lower. Trade active with good demand on feeder cattle. Replacement cattle sold firm.

Florence Stockyards · Alabama

Compared to last week: feeder steers sold steady to 9.00 higher. Feeder heifers sold mixed 10.00 lower to 15.00 higher. Feeder bulls sold 3.00 to 10.00 higher. Slaughter cows sold steady to 2.00 lower. Slaughter bulls sold 4.00 to 5.00 higher.

Cattlemans Livestock Auction - West Point, MS · Mississippi

Compared to last week feeder steers sold steady to 4.00 higher. Feeder heifers sold 2.00 to 6.00 higher. Good quality supply of feeder classes this week with good demand. Slaughter classes sold steady with good demand.

Owensboro Livestock Auction · Kentucky

Compared to last week feeder steers and feeder bulls sharply higher, feeder heifers too few to trend, slaughter cows 2.50 higher, slaughter bulls 2.00 lower all based on limited comparable sales. Light offering of average quality cattle with active buyer participation.

Williamston Livestock Auction · South Carolina

Slaughter Cattle 7.00 Lower Feeder Cattle 3.00 T0 10.00 Higher Demand Good Activity Active Offerings Moderate Quality Average To Attractive 2 Hogs

Canton Livestock Auction · North Carolina

Compared to last weeks sale feeder steers sold $5.00-$20.00 HIGHER. Feeder heifers sold STEADY-$10.00 HIGHER. Slaughter cows sold STEADY, and slaughter bulls sold $10.00-$25.00 HIGHER.

Tadlock Livestock Auction · Mississippi

Compared to one week ago: Slaughter cows sold 3.00 to 6.00 lower. Slaughter bulls sold steady to 2.00 lower. Feeder classes sold steady to 5.00 lower. Replacement cows and pairs sold steady. Trade active with good demand on feeder cattle.

Dothan Stockyards · Alabama

Cows and bulls

National direct, dressed USDA
ClassPriceDirectionHead
Breaker (75% lean)318.47/cwt$0.59 higher502
Boner (85% lean)331.04/cwt$1.06 lower1,714
Cutter (90% lean)331.03/cwt$1.68 lower2,545
Premium White325.59/cwt$6.61 lower1,994
Bull (92% lean)374.98/cwt$0.52 lower364

What published

See every report →
126 USDA reports carried this date — sale barns, state summaries, video and board sales, grain, hay and the national desks.
Source: USDA AMS. Every figure is USDA's as filed, and the direction words — higher, lower, steady— follow the arithmetic rather than an opinion. Quoted comment is the work of USDA market reporters, credited to the sale it came from. This is RaisedBeef's rendering of USDA data, not a copy of USDA's document and not endorsed by USDA.