The Morning Wire / Mon Jul 6, 2026

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The Morning Wire

The trading day in one page — Mon, Jul 6
● Written from USDA reportsEvery figure as filed
← Jul 2Jul 6Jul 7 →

The market in a line

Mon, Jul 6
Choice cutout held near $386.48. 45 barns across 13 states reported 3,072 priced lots.

Feeder steers

National, week of Jul 6 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 lb571.46/cwt$19.86 lower2,144131
400-499 lb503.21/cwt$11.90 lower4,451146
500-599 lb459.48/cwt$9.43 lower7,211146
600-699 lb428.61/cwt$5.56 lower7,965143
700-799 lb387.06/cwt$7.77 lower5,734132
800-899 lb361.91/cwt$1.53 higher8,06086

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, Jul 6, weighted by head. Spread of $83.69 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 CenterMO508.63/cwt579
Joplin Regional StockyardsMO484.11/cwt356
Tulsa Stockyards Inc.OK461.79/cwt38
Lexington Livestock Auction - KentuckyKY459.82/cwt40
Dickson Livestock AuctionTN456.29/cwt93
Macon Livestock AuctionMS455.18/cwt25
Dothan StockyardsAL446.28/cwt27
Unionville Livestock Auction - Unionville, TNTN445.67/cwt36
Oklahoma National Stockyards MarketOK443.91/cwt126
Meridian Livestock AuctionMS443.89/cwt25
Harned Livestock AuctionKY442.18/cwt22
Williamston Livestock AuctionSC441.84/cwt32
DonalsonvilleGA436.65/cwt48
Southeast Mississippi Livestock AuctionMS435.98/cwt36
Tadlock Livestock AuctionMS435.82/cwt123
Cleburne County Livestock AuctionAR434.65/cwt40
Arcadia Stockyard (Mon)FL433.82/cwt52
Lynchburg Livestock Market, Inc.VA431.91/cwt24
Saluda Livestock ExchangeSC429.99/cwt46
Cattlemans Livestock Auction - West Point, MSMS424.95/cwt37

Boxed beef

PM close · Jul 6 USDA
Choice $386.48, $0.59 lower. Select $365.87, $1.56 lower. The Choice–Select spread stands at $20.61. 102 loads traded.

Fed cattle

Negotiated cash, week to date USDA
28,573 head traded Jun 26–Jul 2.
RegionBasisPriceHead
Iowa-MinnesotaDressed Delivered407.981,211
Iowa-MinnesotaDressed FOB400.0080
Iowa-MinnesotaLive Delivered259.002,181
Iowa-MinnesotaLive FOB257.056,364
KansasDressed FOB401.50141
KansasLive FOB255.358,403

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 sold steady to 10.00 higher with the exception of five weight steers which sold 15.00-18.00 higher. Feeder heifers sold from 5.00 lower to 5.00 higher. Supply was moderate with very good demand. 12 fancy steers weighing 601 lbs. sold for 480.00/cwt.

Joplin Regional Stockyards · Missouri

Compared to last week: Not enough of anyone class to test trends. High heat and humidity, weekend rains, along with the July 4th holiday limited receipts. A somewhat lower undertone was noted on some feeder cattle however, quality and flesh conditions played a factor.

Oklahoma National Stockyards Market · Oklahoma

Compared to 2 weeks ago feeder steers and heifers sold STEADY-$25.00 HIGHER. Slaughter cows and slaughter bulls sold STEADY.

Tadlock Livestock Auction · Mississippi

Trends could not be established due to a lack of comparable data & no sale last week. Feeder Cattle tended to trade with a lower undertone compared to two weeks ago. Quality good to fancy, Demand good.

Dickson Livestock Auction · Tennessee

Compared to last week, offerings on feeders were plainer, with limited quality offerings. On a light test, feeder steers and heifers sold $5.00-$7.00 lower. Slaughter cattle sold $5.00-$10.00 higher on good demand

Cleburne County Livestock Auction · Arkansas

Compared to two weeks ago: Slaughter cows sold 1.00 to 3.00 lower. Slaughter bulls sold 1.00 to 3.00 higher with high yielding bulls up to 230.00 cwt. Feeder steers and bulls sold unevenly steady. Feeder heifers sold 1.00 to 7.00 higher. Trade active with good demand on feeder calves.

Florence Stockyards · Alabama

Monday's auction had a much larger offering with long strings of pot loads and large groups of top quality feeders with no recent comparison on overall numbers and quality, but all sold with a higher to sharply higher undertone.

Callaway Livestock Center · Missouri

Compared to two weeks ago: Slaughter cows and bulls sold 4.00 to 8.00 higher. Feeder classes sold 5.00 to 10.00 higher with instances up to 15.00 higher. Replacement cows and pairs sold steady on a light supply. Trade active with good demand on feeder cattle.

Dothan Stockyards · Alabama

Cows and bulls

National direct, dressed USDA
ClassPriceDirectionHead
Breaker (75% lean)312.94/cwt$7.68 lower642
Boner (85% lean)332.03/cwt$2.88 lower2,325
Cutter (90% lean)332.68/cwt$2.45 lower3,912
Premium White324.88/cwt$3.90 lower2,301
Bull (92% lean)376.19/cwt$2.81 higher389

What published

See every report →
121 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.