The Morning Wire / Wed Jun 17, 2026

The Morning Wire

The trading day in one page — Wed, Jun 17
● Written from USDA reportsEvery figure as filed
← earliestJun 17latest →

The market in a line

Wed, Jun 17
Choice cutout closed $5.08 lower at $394.50. 48 barns across 24 states reported 2,898 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 Wed, Jun 17, weighted by head. Spread of $87.07 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
Huss LivestockNE507.28/cwt121
Hub City Livestock AuctionSD488.21/cwt25
Farmington Regional StockyardsMO475.07/cwt79
Russell Springs Livestock AuctionKY471.15/cwt125
North Arkansas Livestock AuctionAR461.97/cwt66
Albany Livestock AuctionKY450.33/cwt38
Campbellsville Livestock AuctionKY448.34/cwt31
Arcadia Stockyard (Wed)FL446.44/cwt24
Lafayette Livestock AuctionTN445.79/cwt83
Kilpatrick StockyardsAL444.05/cwt27
Mount Sterling Livestock AuctionKY443.10/cwt28
Moulton StockyardsAL439.30/cwt25
Springfield Livestock Marketing CenterMO438.34/cwt74
Clovis Livestock AuctionNM437.80/cwt47
Roanoke StockyardsAL436.34/cwt38
Southern Oklahoma Livestock AuctionOK431.62/cwt100
Trenton Regional Stockyards - Trenton, TNTN427.41/cwt39
Savannah Livestock AuctionTN425.77/cwt24
Brundidge StockyardsAL424.40/cwt27
AshburnGA420.21/cwt43

Boxed beef

PM close · Jun 17 USDA
Choice $394.50, $5.08 lower. Select $377.26, $0.41 higher. The Choice–Select spread stands at $17.24. 149 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. Steers steady to 5.00 lower with a weaker trade on some. Heifers steady to10.00 higher. Quality was plain to average with a good demand.

Southern Oklahoma Livestock Auction · Oklahoma

Compared to last week, slaughter steers were 8.00 lower and Holstein slaughter steers were mostly steady. Slaughter heifers were 16.00 lower. Slaughter cows were 5.00 lower and Holstein slaughter cows were mostly steady to 2.00 higher.

Shipshewana Livestock Auction · Indiana

Compared to one week ago, slaughter cows 1.00 to 3.00 higher, slaughter bulls sharply higher, feeder steers steady to 5.00 higher, feeder heifers and bulls unevenly steady and replacement cows unevenly steady.

Ashburn · Georgia

Hall of Fame Sale, Saturday, July 25, 2026 Compared to last week, limited supply, not enough for market test on steers and heifers across all weights, strong undertone noted. Slaughter cows sold steady.

Winter Livestock - Dodge City · Kansas

Compared to last week slaughter cattle were 4.00 to 6.00 lower, while feeder cattle were 2.00 to 4.00 lower. Trade and demand were moderate with moderate offerings. Quality of cattle was average. 16 head Goats: 105.00- 380.00; 22 head Sheep: 80.00 - 215.00

Norwood Livestock Auction · North Carolina

Compared to one week ago: Slaughter cows 1.00 to 3.00 lower, slaughter bulls mostly steady. Feeder steers, bulls, and heifers steady to 5.00 higher.

Arcadia Stockyard (Wed) · Florida

Compared to one week ago: Slaughter cattle sold mostly steady. Feeder cattle sold steady to 6.00 higher. Trade active with good demand on feeders. Replacement cattle sold firm.

Moulton Stockyards · Alabama

Compared to last week's sale slaughter steers sold 1.00 to 2.00 lower. Slaughter heifers sold 2.00 to 5.00 lower. Slaughter cows sold 4.00 to 10.00 lower.

Finger Lakes Livestock Auction · New York

Cows and bulls

National direct, dressed USDA
ClassPriceDirectionHead
Breaker (75% lean)317.76/cwt$4.46 higher396
Boner (85% lean)332.03/cwt$1.37 lower1,321
Cutter (90% lean)333.06/cwt$0.12 higher2,519
Premium White329.02/cwt$1.88 higher1,762
Bull (92% lean)374.02/cwt$3.49 lower406

What published

See every report →
92 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.