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Daily Market Summary for May 3rd

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market Velocity Trendlines +/-

10-Day Index Trendline

Change from Previous Day: +1.33%

Change from 10 Days Ago:  +0.67%

 

 60-Day Index Trendline

Change from 60 Days Ago: -12.15%​

Change from 60 Day High: -17.24%

 
Indexes track daily market values for the past 10 & 60 days.
Each daily value is the weighted total of the Gain/(Loss) for
15 market factors compared to the previous trading day.

Thursday Regional Auction Reports

 

Fed Cattle: 
As of 3:00 PM Friday in the Texas Panhandle, negotiated cash trade has been slow on light demand. In Kansas negotiated cash trade has been moderate on trade and demand. Compared to last week in the Southern Plains live FOB purchases traded 2.00 higher at 184.00. In Nebraska and the Western Cornbelt negotiated cash has been slow on light demand. The most recent live FOB purchases in Nebraska were Thursday from 186.00-187.00 and dressed delivered purchases traded 295.00. In the Western Cornbelt on Thursday live FOB purchases traded at 187.00 and dressed delivered purchases traded at 295.00.
Negotiated Sales:
Confirmed:        11,726
Week Ago:          5,527
Year Ago:           2,398
Formula Net - Dressed Steers & Heifers:
Head count priced today:    31,300
Weighted avg. weight:         865.00
Weighted avg. net price:     292.11
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Cattle Slaughter under Federal Inspection
Friday                  119,000
Week Ago           113,000
Year Ago             117,037
Week to Date     599,000
Last Week           601,000
Last Year             610,726
Friday
Steers & Heifers:      96,000
Cows & Bulls:            24,000
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Boxed Beef:
Cutout Values:
Choice: 294.20… +1.30
Select:  287.65… -0.33
Choice/Select Spread: 6.55
Total Load Count: 94
-
Cutter Cow Cutout:
269.66… +0.14
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CME Feeder Cattle Index for May 2nd:
242.39… -0.98 / -0.40%
1 Year Change: +19.58%
52 Week Range: 199.40 to 254.09
-
Futures Settlements:
Live Cattle:
June: 176.67… -0.13
August: 174.57… +0.62
Oct: 178.05… +0.68
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Feeder Cattle:
May: 243.30… -0.30
August: 254.75… -0.47
September: 255.77… -0.20
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June Lean Hogs: 98.95… -0.97
June Crude Oil: 78.10... -0.85
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July Corn: 4.6025… +0.0050
July Wheat: 6.2250… +0.1825
-
Grain Cash Bids:
Omaha Corn: 4.52… -0.01
Kansas City Wheat: 5.95… +0.13
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Financial Markets:
DJIA: 38,675.88… +449.69
S & P 500: 5,127.74… +63.55
NASDAQ: 16,156.33… +315.37
U.S. Dollar Index: 105.03… -0.31
Although all information is from sources believed to be accurate & timely, The Cattle Range expressly disclaims all warranties, expressed or implied, as to the accuracy of any of the contents provided and shall not be liable for decisions or actions taken based on the data, information, and opinions contained within.