The Morning Wire / Mon Jun 22, 2026

The Morning Wire

The trading day in one page — Mon, Jun 22
● Written from USDA reportsEvery figure as filed
← earliestJun 22Jun 23

The market in a line

Mon, Jun 22
Choice cutout closed $1.69 higher at $396.06. 52 barns across 16 states reported 3,440 priced lots.

Feeder steers

National, week of Jun 22 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 lb590.53/cwt$25.25 higher2,785141
400-499 lb508.92/cwt$13.42 higher4,909151
500-599 lb468.46/cwt$9.41 higher8,917150
600-699 lb432.61/cwt$12.85 higher9,757147
700-799 lb393.26/cwt$7.43 higher7,756130
800-899 lb365.14/cwt$1.51 higher7,52996

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 22, weighted by head. Spread of $80.50 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
Callaway Livestock CenterMO512.38/cwt242
Russell Livestock Auction - IowaIA500.57/cwt148
Tina LivestockMO477.04/cwt60
Joplin Regional StockyardsMO475.45/cwt906
Oklahoma National Stockyards MarketOK470.53/cwt404
Lexington Livestock Auction - KentuckyKY468.57/cwt63
Farmers Livestock Exchange, Inc.VA463.43/cwt76
Paris Livestock AuctionKY460.36/cwt61
Meridian Livestock AuctionMS452.76/cwt20
Tulsa Stockyards Inc.OK452.09/cwt78
Lynchburg Livestock Market, Inc.VA449.82/cwt172
Dickson Livestock AuctionTN448.63/cwt55
Dothan StockyardsAL447.75/cwt22
Roswell Livestock AuctionNM444.88/cwt67
Arcadia Stockyard (Mon)FL444.14/cwt24
Okeechobee Livestock Auction (Mon)FL443.14/cwt55
DonalsonvilleGA439.30/cwt21
Cattlemans Livestock Auction - West Point, MSMS437.31/cwt23
Unionville Livestock Auction - Unionville, TNTN435.14/cwt74
Cleburne County Livestock AuctionAR431.88/cwt31

Boxed beef

PM close · Jun 22 USDA
Choice $396.06, $1.69 higher. Select $375.59, $3.51 higher. The Choice–Select spread stands at $20.47. 79 loads traded.

Fed cattle

Negotiated cash, week to date USDA
1,298 head traded Jun 16Jun 22.
RegionBasisPriceHead
Iowa-MinnesotaDressed Delivered405.0040
Iowa-MinnesotaLive Delivered256.99208
Iowa-MinnesotaLive FOB253.0038
NebraskaDressed Delivered405.00685
NebraskaLive FOB256.00327

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.

CLOSE Compared to last week feeder steers under 600 lbs. sold steady to 10.00 lower. Feeder steers over 600 lbs. sold 5.00-20.00 higher with the most gain on weights over 800 lbs.

Joplin Regional Stockyards · Missouri

Compared to last week: Feeder steers over 800 lbs 5.00-15.00 higher; under 800 lbs 1.00-3.00 higher. Feeder heifers 5.00-15.00 higher. Steer calves 8.00-15.00 higher. Heifer calves 10.00-20.00 higher.

Oklahoma National Stockyards Market · Oklahoma

Compared to last week, Feeder Steers $3.00-$6.00 higher, Feeder Heifers mostly steady, Feeder Bulls $6.00-$12.00 higher, Slaughter Cows steady-$3.00 lower, Slaughter Bulls $2.00-$3.00 lower. Quality good to fancy, Demand good.

Dickson Livestock Auction · Tennessee

Compared to last week: Much lighter offering this week, higher undertones prevailed on steers and heifers. Very good demand for these full loads of backgrounded yearlings. Flesh condition ranged from moderate to heavy.

Sioux Falls Regional Livestock · South Dakota

Compared to last week feeder steers and feeder heifers 10.00 higher, feeder bulls sharply higher, slaughter cows 1.00 lower, slaughter bulls 1.00 higher. Moderate offering of plain to average quality cattle with active buyer participation.

Saluda Livestock Exchange · South Carolina

Compared to one week ago: Slaughter cattle sold mostly steady. Feeder cattle sold steady to 5.00 higher. Trade active with good demand on feeders. Replacement cattle sold firm.

Florence Stockyards · Alabama

Slaughter cows mostly steady, slaughter bulls 15.00 higher, feeder steers 10.00 lower, feeder heifers & feeder bulls steady, steer calves & bull calves 5.00 lower, heifer calves steady to 5.00 higher, replacement cows 10.00 higher.

Donalsonville · Georgia

Compared to last week, feeder cattle supply was light as excessive rainfall across the area left pasture conditions muddy. On a light test, feeder cattle sold unevenly. Feeder steers sold $15.00 lower to $8.00 higher.

Cleburne County Livestock Auction · Arkansas

Cows and bulls

National direct, dressed USDA
ClassPriceDirectionHead
Breaker (75% lean)317.94/cwt$2.23 higher435
Boner (85% lean)331.74/cwt$1.01 lower1,668
Cutter (90% lean)334.26/cwt$1.54 higher2,437
Premium White328.38/cwt$2.43 higher1,563
Bull (92% lean)372.37/cwt$0.17 lower373

What published

See every report →
129 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.