For the week, slaughter cattle traded 4.00 higher in the South and 3.00 higher in the North. Both Live Cattle futures and Feeder Cattle Futures were lower. Dressed beef cutouts were mixed.

 

   

Cattle/Beef Complex Indexes...

Indexes track the 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.

10-Day Index Trendline

Change from Previous Day: -0.36%

Change from 10 Days Ago: +0.55%

   

 60-Day Index Trendline

Change from 60 Days Ago: +4.96%​

Change from 60 Day High: -1.70%​

 

Slaughter Cattle: Trade in the South 4.00 higher at 155.00 with Northern dressed trade 3.00 higher at 245.00. In the 3 front months, Live Cattle futures closed from steady to 0.73 lower.
  • This Week: 155.00 / Month Ago: 153.00 / Year Ago: 140.00 / 5 Year Avg: 120.41
Feeder Cattle: Limited price data available due to Thanksgiving holiday shortened week. In the 3 front months, Feeder Cattle futures closed from 0.98 to 2.47 lower.
Stocker Calves: Limited price data available due to Thanksgiving holiday shortened week.
CME Feeder Cattle Index: 174.83, 0.53 lower than last week.
  • This Week: 174.83 / Month Ago: 175.85 / Year Ago: 157.48 / 5 Year Avg: 146.65
Boxed Beef Cutouts: Choice cutout 3.04 lower at 251.83 and the Select cutout 1.54 higher at 234.37. The Choice/Select spread at 17.46, 4.58 lower.
  • This Week: 251.83 / Month Ago: 263.26 / Year Ago: 280.01 / 5 Year Avg: 241.85
Cutter Cow Cutout: 5.82 lower at 189.91
Slaughter Cows: Trade mostly 1.00 higher to 2.00 lower.
Total red meat production under Federal inspection for the week ending Saturday, November 26, 2022 was estimated at 965.2 million lbs. according to the USDA’s Agriculture's Marketing Service. This was 14.1 percent lower than a week ago and 0.4 percent lower than a year ago.  Cumulative meat production for the year to date was 0.5 percent lower compared to the previous year.
Grain: Corn was 0.10 higher @ 7.22 with December futures @ 6.6800, 0.0025 higher. Wheat 0.19 lower at 8.57 and the futures @ 7.7550, down 0.2775.