The Morning Wire / Fri Jun 19, 2026

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The Morning Wire

The trading day in one page — Fri, Jun 19
● Written from USDA reportsEvery figure as filed
← earliestJun 19latest →

The market in a line

Fri, Jun 19
Choice cutout held near $394.37. 10 barns across 10 states reported 529 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 Fri, Jun 19, weighted by head. Spread of $97.22 between the top and bottom of 2 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
Ft. Pierre Livestock AuctionSD518.84/cwt43
Cattlemen's Livestock Auction - Belen, NMNM421.61/cwt48

Boxed beef

PM close · Jun 19 USDA
Choice $394.37, $0.45 higher. Select $372.08, $2.67 lower. The Choice–Select spread stands at $22.29. 80 loads traded.

Fed cattle

Negotiated cash, week to date USDA
1,320 head traded Jun 13–Jun 19.
RegionBasisPriceHead
Iowa-MinnesotaDressed Delivered405.0040
Iowa-MinnesotaLive Delivered256.40174
Iowa-MinnesotaLive FOB253.5076
NebraskaDressed Delivered405.00685
NebraskaLive FOB256.00327
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 two weeks ago: Feeder steers 700-800 lbs 5.00 to 15.00 higher, over 850 lbs steady to 2.00 higher. Feeder heifers steady to firm. Very good demand for this nice, summertime offering of fall born calves and yearling steers and heifers, including bangs vaccinated replacement quality heifer…

Ft. Pierre Livestock Auction · South Dakota

Compared to last week; slaughter and feeder cows traded mostly steady with the exception of a thin feeding cow trading 2.00 higher. Slaughter bulls rebounded this week trading 8.00 higher. A nice offering again this week with a few new buyers in the seats for feeding cows.

Torrington Livestock Commission Company · Wyoming

Slaughter cattle were 2.00 higher this week compared to last week . Feeder cattle were 2.00 to 4.00 higher this week compared to last week . Demand was moderate ; market activity and buyer interest were moderate . Offerings moderate with quality average . 14 head of hogs

Siler City Livestock Auction · North Carolina

Compared to last week: Steer and heifer calves 400-450 lbs sold 5.00-7.00 higher. Feeder steers and heifers sold 10.00-15.00 higher. Slaughter cows and bulls sold steady. Trade and demand good.

Cattlemen's Livestock Auction - Belen, NM · New Mexico

Compared to last week, the supply of feeders was lighter this week, with mixed offerings of weaned and unweaned calves. Feeder steers and heifers sold steady to $3.00 higher, while feeder bulls sold $10.00 higher. Demand was good, with stronger demand noted for feeder heifers.

Ash Flat Livestock Auction Inc. · Arkansas

Friday's auction had light receipts of feeder cattle selling mostly steady on comparable sales from last week, with the main attraction being a consignment of good quality bred hfrs in the 2nd and 3rd stage (with all 3rd stage being AI bred) selling with good demand with 3rd stage hfrs selling from…

Eastern Missouri Commission Company · Missouri

Cows and bulls

National direct, dressed USDA
ClassPriceDirectionHead
Breaker (75% lean)315.71/cwt$1.22 lower506
Boner (85% lean)332.75/cwt$1.07 higher1,464
Cutter (90% lean)332.72/cwt$1.38 higher2,440
Premium White325.95/cwt$2.13 lower1,788
Bull (92% lean)372.54/cwt$2.71 higher395

What published

See every report →
15 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.