Midwest Ag Group, 20386 441st Avenue, Lake Preston, SD (2026)

06/02/2026

Corn 🌽 July CORN: down 3½ cents to $4.40½

Soybeans🫛 July SOYBEANS: down 15½ cents to $11.65¼

Wheat 🌾 July WHEAT: down 5¾ cents to $6.03

🐂Live Cattle…⤵️$1.325 to $247.675

🐂Feeder Cattle…⤵️$3.125 to $348.425

🥩Boxed Beef…Choice: 394.07, +1.24
Select: 384.81, +1.72
115 loads

🧦Cotton…July 🆙 +0.36 (+0.47%) to $77.00

📣OMAHA (DTN) -- The U.S. corn crop is rated 67% good to excellent and the soybean crop 66% good to excellent in their first condition ratings of the year, according to USDA NASS's weekly Crop Progress report released on Monday.
Planting progress and crop development also remain slightly ahead of the five-year averages for both corn and soybeans nationwide, NASS reported.

🌽CORN
-- Planting progress: 93% of corn was planted nationwide as of Sunday, 1 point ahead of last year's pace and the five-year average of 92%. Corn planting reached 97% complete in Iowa and Nebraska, 91% in Illinois and 85% in Indiana.
📊-- Crop development: 76% of corn had emerged as of Sunday, steady with last year's pace and 2 points ahead of the five-year average of 74%.
📊-- Crop condition: In its first condition rating of the season for corn, NASS estimated that 67% of the crop was in good-to-excellent condition. Only 5% of the crop was rated very poor to poor. Iowa's corn crop was rated 82% good to excellent compared to 65% in Illinois.

🫛SOYBEANS
-- Planting progress: An estimated 87% of intended soybean acreage was planted as of Sunday, 4 points ahead of last year at this time and 7 points ahead of the five-year average of 80%. Indiana, Illinois and Iowa range from 82% to 95% planted as of Sunday.
📊-- Crop development: 65% of soybeans had emerged as of Sunday, 4 points ahead of last year's pace and 8 points ahead of the five-year average of 57%.
📊-- Crop condition: In its initial rating of this year's soybean crop, NASS estimated 66% of the soybeans that had emerged were in good-to-excellent condition and just 5% were very poor to poor.

🤝Thanks to National Beef Wire for the best cattle news in the business…
📣According to Derrell Peel, the U.S. cattle industry continues to move toward herd rebuilding, but expansion has not fully begun. The cattle industry has historically been characterized by cycles of inventory and prices, with twelve cyclical inventory peaks over the past 129 years, from 1890 to the most recent peak in 2019. These cycles have persisted regardless of whether total cattle inventories were trending higher or lower.

🐂Here’s some of today’s auction results from around the region…
🔥 Beaver County Stockyards 70 Heifers (688 lbs) @ $350.50
🔥 Beaver County Stockyards 140 Heifers (686 lbs) @ $350.50
🔥 Beaver County Stockyards 34 Steers (791 lbs) @ $362.00
🔥 Beaver County Stockyards 57 Steers (965 lbs) @ $317.00
🔥 Beaver County Stockyards 21 Heifers (792 lbs) @ $331.00
🔥 Beaver County Stockyards 98 Steers (1,105 lbs) @ $314.00
🔥 Beaver County Stockyards 82 Steers (813 lbs) @ $356.50

🔥 Fairview Livestock Commission 55 Steers (854 lbs) @ $348.50
🔥 Fairview Livestock Commission 31 Steers (434 lbs) @ $331.00
🔥 Fairview Livestock Commission 36 Steers (532 lbs) @ $484.00
🔥 Fairview Livestock Commission 15 Steers (601 lbs) @ $387.50
🔥 OKC West Livestock Market 34 Steers (610 lbs) @ $435.00
🔥 OKC West Livestock Market 26 Heifers (553 lbs) @ $410.00

🔥 Huron Continental Marketing 33 Steers (945 lbs) @ $346.50
🔥 Kingsville Livestock Auction 30 Heifers (643 lbs) @ $393.00
🔥 Welch Stockyards 16 Steers (487 lbs) @ $497.00
🔥 Stockmen's Livestock 45 Heifers (1,321 lbs) @ $258.50
🔥 Stockmen's Livestock 16 Heifers (1,299 lbs) @ $260.00
🔥 Stockmen's Livestock 34 Heifers (1,557 lbs) @ $255.00

06/01/2026

Corn 🌽 July CORN: down 2¾ cents to $4.44

Soybeans🫛 July SOYBEANS: down 6 cents to $11.80¾

Wheat 🌾 July WHEAT: down 1¾ cents to $6.08¾

🐂Live Cattle…🆙 $.750 to $249.000

🐂Feeder Cattle…🆙$3.125 to $351.550

🥩Boxed Beef…Choice: 392.83, +1.36
Select: 383.09, -09
79 loads

🧦Cotton…July 🆙 +0.49 (+0.64%) to $76.64

🤝Thanks to National Beef Wire for the best cattle news in the business…
🐛 New World Screwworm Detected Just 31 Miles From U.S. Border, Raising Concerns for Cattle Industry ⚠️
According to Reuters, the USDA confirmed a new detection of New World Screwworm in a six-month-old sheep in Mexico's Coahuila state, just 31 miles from the U.S. border, marking the closest the parasite has come to the United States during the current outbreak. The flesh-eating fly poses a significant threat to the U.S. cattle industry, particularly at a time when the national cattle herd is already at its smallest level in 75 years and beef prices are at record highs.
🪰Female screwworm flies lay eggs in wounds on warm-blooded animals, and the larvae feed on living tissue, potentially killing infected livestock if left untreated. Industry experts warn that an outbreak in the United States could further tighten cattle supplies and increase beef prices. USDA estimates suggest an outbreak could cause as much as $1.8 billion in economic damage to Texas alone.
The U.S. has blocked cattle imports from Mexico for more than a year in an effort to prevent the pest from entering the country. USDA and Mexican officials continue efforts to contain the outbreak, while USDA is investing in sterile fly production facilities, considered the most effective tool for controlling screwworm populations.

📣 Steer prices were mostly higher this week, with four of the six reported weight classes posting gains. The biggest move came in the 700–799 lb category, which jumped $15.87/cwt from $381.85 to $397.72. Prices also strengthened in the 600–699 lb (+$3.99), 800–899 lb (+$4.85), and 900–999 lb (+$2.68) weight classes. Meanwhile, 500–599 lb steers declined $5.54/cwt and 1,000–1,099 lb steers were down $1.40/cwt from last week.
🏆Friday's top steer sales ranged from $645.00/cwt for 314 lb steers at Lanesboro Commission in Minnesota to $328.00/cwt for 1,010 lb steers at Herreid Livestock in South Dakota. Lanesboro also recorded the top 400–499 lb sale at $620.00/cwt, while Rich Prairie topped the 500–599 lb category at $516.00/cwt. Crawford Livestock in Nebraska posted the highest sales from 600–999 lbs, including 614 lb steers at $486.00/cwt, 715 lb steers at $410.00/cwt, 809 lb steers at $398.00/cwt, and 975 lb steers at $353.00/cwt.

🐂Here’s some of today’s auction results from around the region…
🔥 Joplin Regional 123 Steers (844 lbs) @ $339.50
🔥 Joplin Regional Stockyards 69 Steers (745 lbs) @ $366.00
🔥 Joplin Regional Stockyards 109 Steers (908 lbs) @ $334.50
🔥 Joplin Regional Stockyards 121 Steers (987 lbs) @ $319.00
🔥 Joplin Regional Stockyards 29 Steers (890 lbs) @ $331.00
🔥 Joplin Regional Stockyards 126 Steers (993 lbs) @ $329.00

🔥 Paris Stockyards 55 Steers (973 lbs) @ $328.00
🔥 Paris Stockyards 16 Heifers (657 lbs) @ $397.00
🔥 Paris Stockyards 15 Steers (615 lbs) @ $484.00
🔥 Paris Stockyards 58 Steers (684 lbs) @ $413.50
🔥 Paris Stockyards 61 Steers (996 lbs) @ $326.50
🔥 Paris Stockyards 59 Steers (857 lbs) @ $369.00

🔥 Bluegrass Stockyards 11 Steers (672 lbs) @ $400.00
🔥 Bluegrass Stockyards 52 Steers (1,074 lbs) @ $311.00
🔥 Bluegrass Stockyards 69 Steers (744 lbs) @ $393.50
🔥 Bluegrass Stockyards 15 Steers (1,017 lbs) @ $301.00
🔥 Bluegrass Stockyards 34 Steers (857 lbs) @ $355.00
🔥 Bluegrass Stockyards 15 Steers (1,017 lbs) @ $301.00

🔥 Sioux Falls Regional Livestock 79 Steers (839 lbs) @ $378.00
🔥 Sioux Falls Regional Livestock 119 Heifers (828 lbs) @ $340.00
🔥 Sioux Falls Regional Livestock 29 Steers (737 lbs) @ $397.00
🔥 Sioux Falls Regional Livestock 32 Heifers (802 lbs) @ $340.50
🔥 Sioux Falls Regional Livestock 140 Heifers (834 lbs) @ $340.50
🔥 Sioux Falls Regional Livestock 64 Heifers (934 lbs) @ $318.00

05/29/2026

Corn 🌽 July CORN: down 10¾ cents to $4.45

Soybeans🫛 July SOYBEANS: down 11¾ cents to $11.82¾

Wheat 🌾 July WHEAT: down 14¾ cents to $6.09¼

🐂Live Cattle…⤵️ $1.500 to $248.250

🐂Feeder Cattle…⤵️$4.600 to $348.425

🥩Boxed Beef…Choice 391.47 -.85
Select 383.18 - 2.40
Ch/Se spread 8.29 on 83 loads

🧦Cotton…July ⤵️ -0.62 (-0.81%) to $76.15

📣This week in meats…
🥩Jun cattle DOWN-1.050
🥩Aug cattle DOWN-0.550
🐷Jun hogs UP+0.100
🐷Jul hogs DOWN-0.900
🐂Aug feeders DOWN-1.425

📣 For the month of May…
🌽July corn DOWN 28 cents
🌾July wheat DOWN 27 1/4 cents
🫛July beans DOWN 8 1/2 cents

📣 CHICAGO, May 28 (Reuters) - The U.S. Federal Trade Commission said on Thursday it has been investigating fertilizer prices, which spiked after the start of the U.S.-Israeli war on Iran.
Soaring prices for fertilizer and fuel due to the conflict have pinched farmers as they have planted corn and other crops, and grappled with a resurgent drought in the U.S. Plains. Some growers are facing a fourth straight year of shrinking margins.
🔃💸 The Middle East is a leading hub for fertilizer production, and much of the global fertilizer trade typically passes through the Strait of Hormuz, where shipping has been blocked during the war.
Since closure of the strait in late February, prices for urea, one of the major fertilizers produced in the Gulf region, were up 55%, the Kentucky Farm Bureau wrote in ‌prepared ⁠testimony to a U.S. Senate agriculture committee hearing this month. Prices for another nitrogen-based fertilizer rose 33%, the farmers' group said.

🤝Thanks to National Beef Wire for the best cattle news in the business…
🐂Here’s some of today’s auction results from around the region…
🔥 Lexington Livestock Market 24 Steers (493 lbs) @ $511.00
🔥 Lexington Livestock Market 15 Steers (424 lbs) @ $525.00
🔥 Lexington Livestock Market 19 Heifers (457 lbs) @ $504.00

🔥 Torrington Livestock Markets 17 Cows (1,152 lbs) @ $186.00
🔥 Tri-State Livestock Market 22 Heifers (766 lbs) @ $338.50
🔥 Crawford Livestock Market 171 Steers (975 lbs) @ $353.00
🔥 Crawford Livestock Market 17 Steers (724 lbs) @ $387.50
🔥 Crawford Livestock Market 31 Steers (669 lbs) @ $420.00
🔥 Crawford Livestock Market 29 Heifers (677 lbs) @ $386.00
🔥 Crawford Livestock Market 80 Heifers (724 lbs) @ $386.50

🔥La Crosse Livestock Inc. 69 Heifers (829 lbs) @ $325.75
🔥 Rich Prairie Livestock 68 Heifers (850 lbs) @ $350.50
🔥 Herreid Livestock 60 Steers (978 lbs) @ $336.25
🔥 Bloomington Livestock 19 Steers (566 lbs) @ $500.00
🔥 Bloomington Livestock 19 Steers (566 lbs) @ $500.00
🔥 Herreid Livestock 55 Steers (1,119 lbs) @ $302.00
🔥 Herreid Livestock 55 Steers (1,124 lbs) @ $302.00

05/28/2026

Corn 🌽 July CORN: up 3¼ cents to $4.55¾

Soybeans🫛 July SOYBEANS: up 9¼ cents to $11.94½

Wheat 🌾 July WHEAT: up 1½ cents to $6.24

🐂Live Cattle… ⤵️$1.675 to $249.750

🐂Feeder Cattle…⤵️$.175 to $354.450

🥩Boxed Beef…Choice: 392.32, -2.40
Select: 385.58, -3.71
125 loads

🧦Cotton…July 🆙 +0.61 (+0.80%) to $76.77

🤝Thanks to National Beef Wire for the best cattle news in the business…
🐂August Feeder Cattle Futures Surge Wednesday After Volatile Two-Week Stretch
August 2026 feeder cattle futures rallied sharply Wednesday, closing up $5.175 from Tuesday at $354.625 after trading as low as $350.225 overnight. The move marked the largest single-day gain since May 5th and came after a volatile stretch that included declines of $9.250 on May 21st and $6.675 on May 22nd. Despite the strong rebound Wednesday, August feeders remain $18.90 below the April 30th close of $373.525. Over the 19-session data set, the contract posted 8 higher closes and 11 lower closes, reflecting the sharp volatility and wide daily swings currently dominating the feeder cattle futures market.

📣📈 The largest feeder cattle markets in the country on Wednesday were led by OKC West in El Reno, Oklahoma, with receipts totaling 4,184 head. Stockmens Livestock in Yankton, South Dakota, followed with 3,842 head, while Bassett Livestock in Bassett, Nebraska, reported 3,423 head. Hub City Livestock in Aberdeen, South Dakota, had 1,984 head, and Torrington Livestock Markets in Torrington, Wyoming, rounded out the top five with 1,828 head.

🐂Here’s some of today’s auction results from around the region…
🔥 Valentine Livestock Auction 39 Steers (781 lbs) @ $415.00
🔥 Valentine Livestock Auction 74 Steers (713 lbs) @ $452.00
🔥 Valentine Livestock Auction 56 Steers (630 lbs) @ $470.00
🔥 Valentine Livestock Auction 22 Steers (756 lbs) @ $412.00
🔥 Valentine Livestock Auction 87 Steers (674 lbs) @ $468.00
🔥 Valentine Livestock Auction 92 Steers (738 lbs) @ $434.00
🔥 Valentine Livestock Auction 136 Steers (783 lbs) @ $423.50

🔥 El Dorado Livestock Auction 116 Steers (918 lbs) @ $355.90
🔥 Mid Missouri Stockyards 23 Heifers (531 lbs) @ $425.00
🔥 Mid Missouri Stockyards 23 Steers (544 lbs) @ $467.50
🔥 Orland Livestock Commission Yard Inc. 32 Heifers (771 lbs) @ $328.00
🔥 Orland Livestock Commission Yard Inc. 33 Heifers (683 lbs) @ $374.00
🔥 Willcox Livestock Auction, Inc. 18 Heifers (437 lbs) @ $476.00
🔥 Willcox Livestock Auction, Inc. 19 Heifers (400 lbs) @ $439.00

05/27/2026

Corn 🌽 July CORN: down 5 cents to $4.52½

Soybeans🫛 July SOYBEANS: down ¾ cent to $11.85¼

Wheat 🌾 July WHEAT: down 13 cents to $6.22½

🐂Live Cattle… 🆙$3.200 to $251.425

🐂Feeder Cattle…🆙$5.175 to $353.625

🥩Boxed Beef…Choice: 394.72, +1.82
Select: 389.29, -1.01
144 loads

🧦Cotton…July ⤵️ -1.21 (-1.56%) to $76.16

📣🇺🇸🇲🇽MEXICO CITY, May 27 (Reuters) - The Trump administration's trade agency ‌said on Wednesday it will kick off the first of three negotiating rounds with Mexico this week to revamp the North American trade agreement, but made no mention of any talks with Canada.
🏛️The U.S. Trade Representative's office said in a statement that Deputy U.S. Trade Representative Jeffrey Goettman will lead bilateral talks in Mexico City on Thursday and Friday focused on "economic security and rules of origin for key industrial goods."

🤝Thanks to National Beef Wire for the best cattle news in the business…
🥩 Only One Week Above 500 Million Pounds of Beef Production in 2026 🥩📉 Compared to 11 Weeks in 2025 and 15 Weeks in 2024 Through May 24
Beef production for the week ending May 23 was estimated at 474.4 million pounds, down 1.3% from the previous week and 5.4% below the same week last year.
Year-to-date beef production reached 9.636 billion pounds, trailing 2025 by 6.6%. If the estimate holds, only one week in 2026 through May 24 has exceeded 500 million pounds of beef production, which occurred on January 17 at 504.3 million pounds. By comparison, there were 11 weeks above 500 million pounds through the same time period in 2025 and 15 weeks through the same point in 2024.
Cattle weights for the week were estimated at 1,469 lbs, up 1 lb from the previous week and 46 lbs heavier than the same week last year at 1,423 lbs. Despite record-high cattle weights, they have not been enough to overcome lower slaughter levels for overall beef production.

🐂Here’s some of today’s auction results from around the region…
🔥 Tama Livestock Auction 26 Steers (1,520 lbs) @ $251.00
🔥 Lanesboro Sale 12 Steers (1,343 lbs) @ $258.00
🔥 Cherokee Sales Co. 37 Heifers (501 lbs) @ $447.50
🔥 Cherokee Sales Co. 13 Heifers (590 lbs) @ $390.00
🔥 Torrington Livestock Markets 52 Heifers (701 lbs) @ $388.50
🔥 Torrington Livestock Markets 79 Heifers (697 lbs) @ $386.00

🔥 Hub City Livestock Auction 13 Steers (467 lbs) @ $545.00
🔥 Hub City Livestock Auction 15 Steers (630 lbs) @ $452.00
🔥 Hub City Livestock Auction 19 Heifers (696 lbs) @ $388.00
🔥 Hub City Livestock Auction 42 Heifers (819 lbs) @ $349.00
🔥 Hub City Livestock Auction 16 Steers (857 lbs) @ $377.00
🔥 Hub City Livestock Auction 16 Steers (698 lbs) @ $422.00
🔥 Hub City Livestock Auction 71 Steers (841 lbs) @ $381.50

🔥 Stockmen's Livestock 132 Steers (1,073 lbs) @ $317.75
🔥 Stockmen's Livestock 72 Steers (965 lbs) @ $329.00
🔥 Stockmen's Livestock 200 Steers (1,088 lbs) @ $316.50
🔥 Stockmen's Livestock 60 Steers (970 lbs) @ $340.50
🔥 Stockmen's Livestock 28 Steers (1,180 lbs) @ $305.00
🔥 Stockmen's Livestock 16 Heifers (1,126 lbs) @ $270.00
🔥 Stockmen's Livestock 83 Heifers (808 lbs) @ $330.00
🔥 Stockmen's Livestock 98 Heifers (1,017 lbs) @ $300.00

🔥 Bassett Livestock Auction 74 Steers (705 lbs) @ $430.50
🔥 Bassett Livestock Auction 87 Steers (637 lbs) @ $471.50
🔥 Bassett Livestock Auction 66 Steers (798 lbs) @ $378.00
🔥 Bassett Livestock Auction 49 Heifers (570 lbs) @ $477.00
🔥 Bassett Livestock Auction 64 Steers (566 lbs) @ $526.00
🔥 Bassett Livestock Auction 108 Steers (684 lbs) @ $443.00
🔥 Bassett Livestock Auction 86 Steers (779 lbs) @ $400.50

05/26/2026

Corn 🌽 July CORN: down 5¾ cents to $4.57½

Soybeans🫛 July SOYBEANS: down 10½ cents to $11.86

Wheat 🌾 July WHEAT: down 10¾ cents to $6.35½

🐂Live Cattle…⤵️$1.075 to $248.225

🐂Feeder Cattle…⤵️$.400 to $349.450

🥩Boxed Beef…Choice 392.90 + 2.63
Select 390.30 + 5.30
Ch/Se spread 2.60 on 67 loads

🧦Cotton…July ⤵️ -0.05 (-0.06%) to $77.37

📣OMAHA (DTN) -- U.S. soybean planting continues to run ahead of both last year's pace and the five-year average, according to USDA NASS's weekly Crop Progress report released on Tuesday. The report is normally released on Mondays but was delayed this week due to Memorial Day.

🌽CORN
-- Planting progress: 86% of corn was planted nationwide as of Sunday, steady with last year's pace and 3 points ahead of the five-year average of 83%. Illinois was 86% planted while Iowa reached 94% planted, DTN Senior Analyst Dana Mantini said.
-- Crop development: 60% of corn had emerged as of Sunday, 5 points behind last year's 65% and 2 points ahead of the five-year average of 58%.
🫛SOYBEANS
-- Planting progress: An estimated 79% of intended soybean acreage was planted as of Sunday, 4 points ahead of last year at this time and 11 points ahead of the five-year average of 68%. Illinois and Iowa soybean planting reached 84% and 90%, respectively, Mantini said.
-- Crop development: 49% of soybeans had emerged as of Sunday, 1 point ahead of last year's pace and 9 points ahead of the five-year average of 40%.
🌾WINTER WHEAT
-- Crop condition: An estimated 44% of winter wheat was rated poor to very poor as of May 24, up 1 percentage point from 43% a week ago, according to NASS.
-- Crop development: 78% of winter wheat was headed nationwide as of Sunday. That's 5 percentage points ahead of last year's 73% and 8 percentage points ahead of the five-year average of 70%. Top winter-wheat-producer Kansas' crop was 97% headed, 5 points ahead of last year at this time and 10 points ahead of the five-year average.

🤝Thanks to National Beef Wire for the best cattle news in the business…
April 2026 Cattle Slaughter 2nd Lowest In 56 Years (Since 1970)
🥩April cattle slaughter in 2026 was reported at 2.342 million head, down 230,500 head or 9.0% from 2025’s total of 2.572 million head, and down 388,500 head or 14.2% from 2024’s total of 2.730 million head. The 2026 total marked the 2nd lowest April cattle slaughter in the past 56 years dating back to 1970. The only lower April total during that span occurred in 2020, when slaughter fell to 2.242 million head amid pandemic-related disruptions.
📉Historically, April cattle slaughter below 2.5 million head has been extremely rare, occurring in just 6 out of the last 57 years. Even more notable, April slaughter has dropped below 2.4 million head only three times since 1970, underscoring how historically tight current fed cattle supplies remain.

🐂Here’s some of today’s auction results from around the region…
🔥 Beaver County Stockyards 42 Steers (552 lbs) @ $455.00
🔥 Beaver County Stockyards 18 Heifers (405 lbs) @ $515.00
🔥 Beaver County Stockyards 24 Heifers (322 lbs) @ $517.50
🔥 Beaver County Stockyards 23 Heifers (699 lbs) @ $354.50
🔥 Beaver County Stockyards 25 Steers (507 lbs) @ $510.00
🔥 Beaver County Stockyards 21 Heifers (528 lbs) @ $430.00

🔥 Stockmen's Livestock 84 Heifers (1,420 lbs) @ $259.00
🔥 Stockmen's Livestock 40 Heifers (1,524 lbs) @ $265.00
🔥 Stockmen's Livestock 38 Heifers (1,240 lbs) @ $262.00
🔥 Stockmen's Livestock 17 Heifers (1,530 lbs) @ $250.00
🔥 Stockmen's Livestock 35 Steers (1,379 lbs) @ $256.00
🔥 Stockmen's Livestock 36 Heifers (1,437 lbs) @ $255.00

🔥 Kimball Livestock Exchange 27 Steers (662 lbs) @ $444.00
🔥 Kimball Livestock Exchange 17 Heifers (1,165 lbs) @ $241.00
🔥 Kimball Livestock Exchange 58 Heifers (977 lbs) @ $297.00
🔥 Kimball Livestock Exchange 59 Heifers (922 lbs) @ $307.00
🔥 Kimball Livestock Exchange 51 Heifers (948 lbs) @ $298.00
🔥 Kimball Livestock Exchange 112 Steers (887 lbs) @ $352.75

🔥 Glacial Lakes Livestock 74 Steers (862 lbs) @ $340.50
🔥 Glacial Lakes Livestock 62 Steers (953 lbs) @ $329.50
🔥 Massena Livestock Sales 43 Steers (821 lbs) @ $365.25
🔥 Massena Livestock Sales 12 Steers (824 lbs) @ $364.50
🔥 Fairview Livestock Commission 70 Heifers (745 lbs) @ $329.00
🔥 Kingsville Livestock Auction 30 Heifers (578 lbs) @ $424.00
🔥 Kingsville Livestock Auction 21 Steers (505 lbs) @ $475.00

05/22/2026

Corn 🌽 July CORN: up 1 cent to $4.634¼

Soybeans🫛 July SOYBEANS: up 2¼ cents to $11.96½

Wheat 🌾 July WHEAT: down 1¼ cents to $6.46¼

🐂Live Cattle… 🆙$.150 to $249.300

🐂Feeder Cattle…⤵️$6.675 to $349.850

🥩Boxed Beef…Choice 390.27 -1.21
Select 385.00 -.65
Ch/Se spread 5.27 on 75 loads

🧦Cotton…July ⤵️ - 0.56 (-0.72%) to $77.42

📣📈Grains for the week of May 22nd.
🌽July corn UP 71/2 cents
🌾July wheat UP 10 1/2 cents
🫛July beans UP 19 1/2 cents

📣📉 This WEEK in meats…
🥩Jun cattle DOWN-4.600
🥩Aug cattle DOWN-8.325
🐷Jun hogs DOWN-3.475
🐷Jul hogs DOWN-2.95
🐂Aug feeders DOWN-11.600

📣🏛️From the USDA this morning…Private exporters reported the following sales activities:
🌽🇲🇽493,700 metric tons of corn for delivery to Mexico. Of the total, 225,000 metric tons is for delivery during the 2025/2026 marketing year, and 268,700 metric tons is for delivery during the 2026/202z7 marketing year
🌽110,000 metric tons of corn for delivery to unknown destinations. Of the total, 50,000 metric tons is for delivery during the 2025/2026 marketing year, and 60,000 metric tons is for delivery during the 2026/2027 marketing year
🫛252,000 metric tons of soybean cake and meal for delivery to unknown destinations. Of the total, 117,000 metric tons is for delivery during the 2025/2026 marketing year, and 135,000 metric tons is for delivery during the 2026/2027 marketing year

🤝Thanks to National Beef Wire for the best cattle news in the business…
⛈️⚡️Much-needed rainfall is spreading across the Plains on Friday, bringing improving topsoil moisture to drought-stressed rangeland, pastures, winter wheat, and spring crops from North Dakota south into Texas. Rain has expanded across the Dakotas, Nebraska, Kansas, Oklahoma, and portions of Texas, offering relief after widespread dryness earlier this month. As of May 17, all ten Plains and Rockies states were rated at least 40% very short to short on topsoil moisture, including extremely dry conditions in New Mexico (93%), Colorado (91%), and Montana (81%). The widespread rainfall event is expected to continue improving soil moisture and pasture conditions heading into the weekend.

🥩April 2026 Cattle Slaughter 2nd Lowest In 56 Years (Since 1970) 🏆
April cattle slaughter in 2026 was reported at 2.342 million head, down 230,500 head or 9.0% from 2025’s total of 2.572 million head, and down 388,500 head or 14.2% from 2024’s total of 2.730 million head. The 2026 total marked the 2nd lowest April cattle slaughter in the past 56 years dating back to 1970. The only lower April total during that span occurred in 2020, when slaughter fell to 2.242 million head amid pandemic-related disruptions.

🐂Here’s some of today’s auction results from around the region…
🔥 Dunlap Livestock Auction 50 Heifers (618 lbs) @ $400.50
🔥 Dunlap Livestock Auction 17 Heifers (596 lbs) @ $420.00
🔥 Dunlap Livestock Auction 14 Steers (616 lbs) @ $443.00
🔥 Dunlap Livestock Auction 28 Steers (562 lbs) @ $468.25
🔥 Dunlap Livestock Auction 40 Steers (674 lbs) @ $413.00
🔥 Dunlap Livestock Auction 32 Steers (997 lbs) @ $321.25

🔥 Torrington Livestock 10 Cows (1,388 lbs) @ $197.00
🔥 Torrington Livestock 30 Heifers (1,210 lbs) @ $233.00
🔥 St. Onge Livestock 21 Steers (612 lbs) @ $463.00
🔥 St. Onge Livestock 39 Steers (757 lbs) @ $402.00
🔥 St. Onge Livestock 160 Steers (682 lbs) @ $442.50
🔥 St. Onge Livestock 84 Heifers (672 lbs) @ $412.50
🔥 St. Onge Livestock 62 Heifers (605 lbs) @ $438.00
🔥 St. Onge Livestock 85 Heifers (738 lbs) @ $381.00

🔥 Ft Pierre Livestock Auction 36 Steers (673 lbs) @ $429.00
🔥 Ft Pierre Livestock Auction 15 Heifers (636 lbs) @ $417.00
🔥 Ft Pierre Livestock Auction 13 Heifers (590 lbs) @ $442.50
🔥 Ft Pierre Livestock Auction 86 Steers (459 lbs) @ $585.00
🔥 Ft Pierre Livestock Auction 96 Steers (523 lbs) @ $519.00
🔥 Ft Pierre Livestock Auction 44 Heifers (716 lbs) @ $387.00
🔥 Ft Pierre Livestock Auction 43 Steers (738 lbs) @ $389.00
🔥 Ft Pierre Livestock Auction 60 Heifers (689 lbs) @ $371.00

05/21/2026

Corn 🌽 July CORN: down 3½ cents to $4.62¼

Soybeans🫛 July SOYBEANS: down 5½ cents to $11.94¼

Wheat 🌾 July WHEAT: down 13 cents to $6.47½

🐂Live Cattle… ⤵️$4.125 to $249.150

🐂Feeder Cattle…⤵️$9.250 to $356.525

🥩Boxed Beef…Choice: 391.48, -2.14
Select: 385.65, -5.48
109 loads

🧦Cotton…July ⤵️ -3.62 (-4.44%) to $77.98

🤝Thanks to National Beef Wire for the best cattle news in the business…
🐂May 2025 cattle on feed inventory totaled 11.376 million head, down 178,000 head from May 2024’s inventory of 11.554 million. Despite the year-over-year decline, cattle on feed inventories have remained historically large, with every May report since 2018 posting inventories above 11 million head. The highest May inventory on record during that stretch came in 2022 at 12.072 million head, while the lowest inventory in the data set was recorded in 1996 at 9.173 million head. Notably, inventories have only surpassed the 12 million head mark one time.

📊The long-term average May cattle on feed inventory stands at 10.924 million head, placing current inventories well above historical norms despite tighter cattle supplies in the broader market. The early projection for May 2026 currently sits at 11.516 million head, which would mark a slight increase from 2025 levels if realized. USDA’s official May Cattle on Feed report will be released Friday at 2:00 p.m. CST, providing the market with updated placement, marketings, and total inventory figures.

🐂Here’s some of today’s auction results from around the region…
🔥 Bluegrass South Livestock 58 Steers (947 lbs) @ $344.90
🔥 StateLine Stockyards 78 Steers (995 lbs) @ $318.50
🔥 Napoleon Livestock 17 Heifers (831 lbs) @ $342.00
🔥 Pratt Livestock 80 Heifers (719 lbs) @ $363.00
🔥 Clarinda Livestock Auction 46 Steers (604 lbs) @ $471.50
🔥 Mitchell Livestock Marketing 5 Bulls (1,074 lbs) @ $230.00

🔥 Pratt Livestock 57 Heifers (736 lbs) @ $364.50
🔥 Mitchell Livestock Marketing 20 Heifers (865 lbs) @ $321.50
🔥 Clarinda Livestock Auction 33 Steers (640 lbs) @ $447.00
🔥 Paris Stockyards 62 Steers (827 lbs) @ $370.00
🔥 Woodward Livestock 34 Heifers (944 lbs) @ $292.00
🔥 Clarinda Livestock Auction 36 Heifers (696 lbs) @ $347.00
🔥 Woodward Livestock 40

05/20/2026

Corn 🌽 July CORN: down 9½ cents to $4.65¾

Soybeans🫛 July SOYBEANS: down 9¾ cents to $11.99¾4

Wheat 🌾 July WHEAT: down 6¾ cents to $6.60½

🐂Live Cattle…⤵️ $1.275 to $253.275

🐂Feeder Cattle…🆙$2.125 to $365.775

🥩Boxed Beef…Choice: 393.62, -2.13
Select: 391.13, -2.45
123 loads

🧦Cotton…July ⤵️ -0.73 (-0.89%) to $81.60

📣From the Aberdeen News…In a groundbreaking project, South Dakota-based POET Biofuels has partnered with Antora Energy of California to launch a thermal energy storage system adjacent to POET's ethanol plant in Big Stone City.
⚡️The 5 gigawatt-hour thermal energy storage facility will absorb excess, low-cost energy from wind turbines that might otherwise be lost due to capacity limits on the existing power grid and store it in carbon blocks for use when needed.
⚡️Big Stone City was selected as the site for Antora's first large-scale thermal energy storage system because of the existing POET biofuels plant and the Otter Trail Power Co. plant on the site, and due to the city's location as a major hub on the regional Midcontinent Independent System Operator (MISO) power grid system, Ponec said.

📣From Drovers…A spokesperson for Cargill confirms the company initiated a lockout on May 20, 2026, at its Fort Morgan, Colo., beef facility following months of bargaining and an employee vote against the latest contract offer.
🔃🔀Cargill reports the halt in processing in Fort Morgan is not impacting its weekly harvest numbers, just shifting production to other plants. At full capacity, Fort Morgan harvests 4,700 per day; prior to the halt it was averaging 4,000 head.

🤝Thanks to National Beef Wire for the best cattle news in the business…
🥩Boxed beef closed sharply higher Tuesday with Choice up $3.61 to $395.75 and Select gaining $3.35 to $393.58. Choice boxed beef has now increased $8.30 over the past three trading sessions and reached its highest level since March 24th.
💪🏽The Choice/Select spread widened slightly to $2.17 on 81 total loads traded. Among the primals, ribs posted the largest increase from Monday, jumping $14.78 to $544.97. Chucks gained $2.45 to $339.55, rounds increased $1.58 to $336.57, loins added $3.02 to $518.72, plates rose $2.65 to $307.30, and flanks climbed $3.08 to $248.90. Briskets were the only primal lower on the day, slipping $1.85 to $353.34.

🐂Here’s some of today’s auction results from around the region…
🔥 OKC West Livestock Market 26 Heifers (926 lbs) @ $309.00
🔥 OKC West Livestock Market 26 Heifers (844 lbs) @ $325.00
🔥 OKC West Livestock Market 18 Heifers (782 lbs) @ $335.00
🔥 OKC West Livestock Market 27 Heifers (736 lbs) @ $370.00
🔥 OKC West Livestock Market 11 Heifers (617 lbs) @ $362.50
🔥 OKC West Livestock Market 10 Heifers (916 lbs) @ $302.50

🔥 Hub City Livestock Auction 15 Heifers (1,482 lbs) @ $255.00
🔥 Stockmen's Livestock 161 Heifers (1,053 lbs) @ $294.00
🔥 OKC West Livestock Market 76 Steers (778 lbs) @ $355.00
🔥 Winter Livestock Dodge City 75 Heifers (807 lbs) @ $327.00
🔥 OKC West Livestock Market 151 Heifers (892 lbs) @ $305.50
🔥 OKC West Livestock Market 80 Heifers (789 lbs) @ $328.00

Midwest Ag Group

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