The Morning Wire / Tue Jun 16, 2026

The Morning Wire

The trading day in one page — Tue, Jun 16
● Written from USDA reportsEvery figure as filed
← earliestJun 16latest →

The market in a line

Tue, Jun 16
Choice cutout closed $4.53 higher at $399.58. 53 barns across 18 states reported 3,396 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 Tue, Jun 16, weighted by head. Spread of $70.44 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
Unionville Livestock Market LLCMO504.93/cwt35
Kingsville Livestock AuctionMO486.61/cwt222
Virginia Cattle CompanyVA482.79/cwt70
Uniontown StockyardsAL472.26/cwt35
Brookhaven Livestock AuctionMS468.42/cwt76
Lexington Livestock Auction - KentuckyKY466.42/cwt23
Springfield Livestock Auction - KentuckyKY463.30/cwt138
Ledbetter Livestock AuctionKY462.65/cwt61
Interstate Regional StockyardsMO458.20/cwt53
Arab StockyardsAL457.43/cwt32
Four State StockyardsMO454.97/cwt289
OKC West Livestock MarketOK453.22/cwt250
Ozarks Regional StockyardsMO445.72/cwt270
Beaver Livestock AuctionOK445.64/cwt44
Arkansas Cattle Auction LLCAR444.16/cwt30
Pulaski CoGA443.55/cwt57
Upton Livestock AuctionKY442.71/cwt31
Southern LivestockGA440.75/cwt80
Bowling Green Livestock AuctionKY434.55/cwt22
McAlester Union StockyardsOK434.49/cwt71

Boxed beef

PM close · Jun 16 USDA
Choice $399.58, $4.53 higher. Select $376.85, $0.44 higher. The Choice–Select spread stands at $22.73. 95 loads traded.

Fed cattle

Negotiated cash, week to date USDA
11,110 head traded Jun 9Jun 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, feeder steers and heifers sold mostly steady. There was a moderate supply with moderate to good demand. Slaughter cows and bulls sold steady to firm.

Four State Stockyards · Missouri

Compared to a week ago: Slaughter Cows and Slaughter Bulls steady. Replacement Cattle steady. All Feeder Classes steady. All Calf Classes sold 4.00 to 6.00 higher.

Southern Livestock · Georgia

Compared to one week ago: Slaughter classes mostly steady and feeder classes unevenly steady.

Okeechobee Livestock Auction (Tue) · Florida

Compared to last week; Steer calves 14.00 to 16.00 higher. Heifer calves 13.00 to 15.00 higher. Quality was mostly attractive. Demand was very good. Slaughter cows 4.00 to 6.00 lower. Slaughter bulls 3.00 lower.

McAlester Union Stockyards · Oklahoma

compared to last week: Feeder steers and heifers sold 2.00 to 5.00 higher with a strong demand for quality feeders. Slaughter cows and bulls sold moslty steady.

Upton Livestock Auction · Kentucky

As compared to the last market: Feeder calves sold steady, and slaughter cattle sold steady as well.

Brookhaven Livestock Auction · Mississippi

Compared to one week ago: Slaughter cattle sold 1.00 to 4.00 higher. Feeder heifers sold 1.00 to 3.00 lower. Feeder steers and bulls sold mostly steady. Trade active with good demand on feeder calves. Not enough replacement cattle to determine a trend.

Arab Stockyards · Alabama

Compared to one week ago, slaughter cows mostly steady, all feeder classes unevenly steady, replacement cows mostly steady.

Carnesville · Georgia

Cows and bulls

National direct, dressed USDA
ClassPriceDirectionHead
Breaker (75% lean)313.30/cwt$5.17 lower384
Boner (85% lean)333.40/cwt$2.36 higher1,490
Cutter (90% lean)332.95/cwt$1.92 higher2,415
Premium White327.14/cwt$1.55 higher1,635
Bull (92% lean)377.50/cwt$2.52 higher458

What published

See every report →
103 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.