Subscribe to receive via e-mail Saturday mornings.

 

Daily Market Summary for October 29th

Updated Monday thru Friday around 4:00 PM CT

See Entire Summary Below


Daily Market Indexes & Trendlines
Indicators of cattle/beef market strength

10-Day Index Trendline

Change from Previous Day: +1.15%
Change from 10 Days Ago: -1.55%
Change from 60 Days Ago: -6.14%​
   

60-Day Index Trendline

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.

 

Upcoming Sales...

  


 

 


Subscribe to receive via e-mail Saturday mornings.

Weekly Market Summary

 

Daily Market Summary for October 29th

  
Slaughter Cattle:
As of 3:00 PM Thursday, negotiated cash trading has been limited on light demand in all feeding regions. A few live purchases have traded at 106.00 in the Southern Plains and at 103.00 in Nebraska. However not enough purchases in any region for a full market trend. Last week in the Southern Plains live purchases traded at 106.00. Last week in Nebraska live purchases traded at 105.00 and dressed purchases from 162.00-166.00. Last week in the Western Cornbelt, live purchases traded from 103.00-105.00 and dressed purchases from 163.00-165.00.
    
Negotiated Sales:
Confirmed:      13,820
Week Ago:         5,046
Year Ago:           4,931
       
Formula Net
Dressed Steers & Heifers:
Head count priced today:  16,200
Weighted avg. weight:       930 lbs.
Weighted avg. net price:    174.15
         
Cattle Slaughter under Federal Inspection:
Thursday (est)                   114,000
Week ago (est)                  120,000
Year ago (act)                    118,000
Week to Date                    464,000
Same Period Last Week   480,000
Same Period Last year     465,000
Previous Day (est)
Steers & Heifers:  92,000
Cows & Bulls:        26,000
                                                                                                               
Boxed Beef:
Cutout Values:
Choice: 207.17… +1.38
Select:  191.23… +1.65
Choice/Select Spread: 15.94
Total Load Count: 157
             
Cutter Cow Cutout:
161.86… -0.79
    
CME Feeder Cattle Index for October 28th:
134.34… +1.02
             
Futures Settlements…
Live Cattle:
October: 106.27… +0.42
December: 107.97… +3.30
February: 110.37… +2.67
    
Feeder Cattle:
October: 136.45… +1.28
November: 135.72… +1.82
January: 131.35… +1.40
      
December Hogs: 65.62… -0.75
December Crude Oil: 36.17… -1.22
    
December Corn: 3.9850… -0.0300
December Wheat: 6.0375… -0.0500
    
Grain Cash Bids:
Kansas City Corn: 3.93… -0.03
Kansas City Wheat: 5.12… -0.01
    
Financial Markets:
DJIA: 26,659.57... +139.62
S & P 500: 3,310.14... +39.10
NASDAQ: 11,185.59... +180.72
U.S. Dollar Index: 93.90... +0.49

  

Wednesday Auction Reports...

OKC West - El Reno OK
Receipts Last Week: 6,883 Last Year: 5,294
Compared to last week: The OKC West Livestock Auction has canceled their sales for Tuesday 10/27 and Wednesday 10/28. An ice storm has moved through the trade area leaving many without electricity and hindering livestock movement.
  
Blue Grass Stockyards - Albany KY
                      This Week   Last Reported   Last Year
Total Receipts:  417                573                  655
Compared to last week: Steers and heifers 1.00 3.00 lower. Slaughter cows 2.00 higher, slaughter bulls steady. Weak supply with weak demand. Supply included: 83% Feeder Cattle (29% Steers, 46% Heifers, 25% Bulls); 15% Slaughter Cattle (89% Cows, 11% Bulls); 2% Replacement Cattle (100% Bred Cows). Feeder cattle supply over 600 lbs was 25%.
  
Springfield Livestock Auction - Springfield MO
                       This Week   Last Reported   Last Year
Total Receipts: 689                 1,581                908
Compared to last week, steers and heifers 2.00 to 5.00 lower on a limited test. Holsteins compared to two weeks, under 600 lbs not well tested, over 600 lbs steady. Demand moderate to light for calves, moderate for yearlings and Holsteins, supply light. The receipts were curtailed as recent lower prices and more rain in the forecast kept some cattle at home. Weigh-ups average to full. Supply included: 100% Feeder Cattle (25% Steers, 32% Dairy Steers, 31% Heifers, 12% Bulls). Feeder cattle supply over 600 lbs was 50%.
  
Arcadia Livestock Auction - Arcadia FL
                        This Week   Last Reported   Last Year
Total Receipts: 1,018               1,531               1,391
Compared to one week ago: Slaughter cows and bulls mostly steady. Feeder steers, bulls, and heifers steady to 3.00 higher. Supply included: 77% Feeder Cattle (64% Steers, 36% Heifers); 23% Slaughter Cattle (75% Cows, 25% Bulls). Feeder cattle supply over 600 lbs was 17%.
   
Russell Co. Stockyard - Russell Springs KY
                       This Week   Last Reported   Last Year
Total Receipts: 697                602                   1,025
Compared to last week: Feeder steers under 400 lbs 1.00--3.00 lower over 400 lbs steady to 3.00 higher. Feeder heifers steady. Slaughter cows 1.00--2.00 lower and bulls’ firm. Today’s receipts 697 hd. Supply included: 91% Feeder Cattle (55% Steers, 25% Heifers, 20% Bulls); 7% Slaughter Cattle (89% Cows, 11% Bulls); 2% Replacement Cattle (60% Bred Cows, 20% Bred Heifers, 20% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 54%.
   
Roanoke Stockyard - Roanoke AL
                       This Week   Last Reported   Last Year
Total Receipts: 868                1,091                1,332
Compared to one week ago: Slaughter cows and bulls sold 2.00 to 6.00 higher. Replacement cows and pairs sold mostly steady with several fancy bred heifers that sold up to 1875.00. Feeder heifers sold unevenly steady. Feeder bulls and steers sold 2.00 to 5.00 higher. Supply included: 75% Feeder Cattle (24% Steers, 36% Heifers, 40% Bulls); 12% Slaughter Cattle (79% Cows, 21% Bulls); 14% Replacement Cattle (7% Stock Cows, 34% Bred Cows, 55% Bred Heifers, 4% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 14%.
  
Northeast Georgia Livestock - Athens GA
                       This Week   Last Reported   Last Year
Total Receipts: 512                  549                   517
Compared to one week earlier. Slaughter cows and bulls steady, feeder steers and steer calves lightly tested, feeder bulls and bull calves mostly steady, feeder heifers and heifer calves steady to 2.00 lower. replacement cows steady. Supply included: 70% Feeder Cattle (10% Steers, 39% Heifers, 51% Bulls); 21% Slaughter Cattle (84% Cows, 16% Bulls); 9% Replacement Cattle (100% Bred Cows). Feeder cattle supply over 600 lbs was 10%.
  
North Arkansas Livestock - GreenForest, AR
                       This Week   Last Reported   Last Year
Total Receipts: 424                  493                  375
Compared to last week: Feeder steers and bulls uneven near steady on a very light test. Feeder heifers 6.00-8.00 lower. Slaughter cows 1.00-3.00 higher. Slaughter bulls 2.00 higher than last week’s light test. Low receipts due to wet muddy conditions in the area. Supply included: 47% Feeder Cattle (20% Steers, 50% Heifers, 29% Bulls); 26% Slaughter Cattle (72% Cows, 28% Bulls); 27% Replacement Cattle (47% Stock Cows, 30% Bred Cows, 4% Bred Heifers, 20% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 21%.
  
Stanly County Livestock Exchange - Norwood, NC
                       This Week   Last Reported   Last Year
Total Receipts: 872                 658                    952
Compared to last week, slaughter cattle were mostly steady. Feeder cattle were mostly 4 to 10 lowers. Demand was moderate to lower; market activity and buyer interest were lower. Offerings of cattle were moderate. Cattle quality was below average. Supply included: 82% Feeder Cattle (28% Steers, 42% Heifers, 29% Bulls); 15% Slaughter Cattle (85% Cows, 15% Bulls); 2% Replacement Cattle (7% Stock Cows, 87% Bred Cows, 7% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 11%.
   
Hub City Livestock Auction - Aberdeen, SD
                        This Week   Last Reported   Last Year
Total Receipts: 4,206             4,238                5,440
Compared to last week: best test on yearling steers 850 to 950 lbs mostly steady, 1050 to 1100 lbs 2.00 to 4.00 lower. Yearling heifers not well compared today. Calves too lightly tested last week to develop an accurate trend; higher undertones noted on calves. Good demand for today's yearling offering consisting of several strings and many loads and packages. More flesh on yearlings this week as there were fewer off grass and more yard cattle, most in moderate to moderate plus flesh with some heavy flesh at times. Quality varied quite a bit today, from plain to attractive. Moderate to good demand for many packages and a couple loads of average to attractive quality calves today. All calves off the cow and most had full preconditioning, those without were discounted, especially those with just a 7-way shot. A moderate to active market seen for this offering with both buyers and some farmer feeders in the seats. Warmer temperatures are predicted for the rest of the week and into next week which will create some muddy road and lot conditions. Next feeder cattle sale is Wednesday, November 4. Supply included: 100% Feeder Cattle (66% Steers, 34% Heifers). Feeder cattle supply over 600 lbs was 63%.
  
Southern Oklahoma Livestock Auction Feeder Cattle- Ada, OK
                        This Week   Last Reported   Last Year
Total Receipts: 360                 2,059                1,391
Compared to last week: Steers and heifers had too few comparable receipts for an accurate market test. Demand and quality average. Colder temperatures and steady rainfall swept across the trade area limiting livestock movement. Supply included: 100% Feeder Cattle (53% Steers, 31% Heifers, 15% Bulls). Feeder cattle supply over 600 lbs was 27%.
  
Winter Livestock - Dodge City, KS
                       This Week   Last Reported   Last Year
Total Receipts: 643                3,917                2,801
Low receipts due to weather. Not enough steers and heifers for a market test, however a lower market was noted. Slaughter cows sold unevenly steady. Slaughter bulls sold 2.00 to 3.00 higher. Supply included: 71% Feeder Cattle (77% Steers, 23% Heifers); 26% Slaughter Cattle (95% Cows, 5% Bulls); 3% Replacement Cattle (100% Bred Cows). Feeder cattle supply over 600 lbs was 51%.
   
Farmington Regional Stockyards - Farmington, MO
                       This Week   Last Reported   Last Year
Total Receipts: 769                  910                 1,277
Compared to last week, steers and heifers sold 2.00-8.00 lower. Slaughter cows and bulls sold steady to 1.00 lower; Demand lower and supply moderate. Supply included: 86% Feeder Cattle (46% Steers, 42% Heifers, 12% Bulls); 11% Slaughter Cattle (94% Cows, 6% Bulls); 4% Replacement Cattle (74% Bred Cows, 26% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 25%.
  
Public Auction Yards Livestock Cattle Auction - Billings, MT
                        This Week   Last Reported   Last Year
Total Receipts: 1,272              1,912               1,617
Compared to last week: Yearling steers were too lightly tested to develop any market trend. Yearling heifers were too lightly tested to develop an accurate market trend, however steady to weak undertones were noticed. Unweaned steer and heifer calves were too lightly tested to develop an accurate market trend, however steady to higher undertones were noticed. Near a foot of snow fell over last weekend. This lightened sales receipts as wet slushy melting snow impacted the volume of cattle coming to town. Quality this week was plain to average. Calves were mostly offered in small packages or as singles. There were not enough calves for buyers to purchase loads and demand suffered as a result. Market activity was slow. Weigh up cows sold on mostly light to moderate demand for heavy offerings.
  
Athens Stockyard - Athens, TN
                       This Week   Last Reported   Last Year
Total Receipts: 1,125             1,320               1,303
Compared to last week, feeder steers measuring 3.00 higher, with feeder heifers 3.00 lower, and feeder bulls mostly steady overall. Slaughter cows remaining mostly steady overall and slaughter bulls 4.00 to 6.00 higher. Supply included: 73% Feeder Cattle (24% Steers, 49% Heifers, 26% Bulls, 0% Dairy Heifers); 17% Slaughter Cattle (3% Heifers, 84% Cows, 14% Bulls); 10% Replacement Cattle (8% Stock Cows, 87% Bred Cows, 5% Bred Heifers). Feeder cattle supply over 600 lbs was 31%.
  
Huss Livestock Market - Kearney NE
                        This Week   Last Reported   Last Year
Total Receipts: 3,006              2,132               2,500
Compared to last week steers 400-600 lbs sold steady to 2.00 lower over 600 lbs sold steady to 7.00 higher, heifers 400-600 lbs sold 2.00-4.00 higher over 600 lbs sold 3.00 lower. Demand was good from the buyers in the crowd. Supply included: 91% Feeder Cattle (69% Steers, 31% Heifers, 0% Bulls); 9% Slaughter Cattle (100% Cows). Feeder cattle supply over 600 lbs was 59%.
   
Bassett Livestock Auction - Bassett NE
                        This Week   Last Reported   Last Year
Total Receipts: 2,435             3,795                3,435
Compared with two weeks ago 550 to 600 lbs steers traded stead to 7.00 lower, 850 ad 950 lbs steers traded 7.00 to 8.00 lower. Spayed heifers 850 lbs traded 2.00 lower. Demand was moderate to good with high internet bidding. Warmer today with snow and cold weather in the area last week. Next Auction Dates for Nov: 4th Special Spring Calf and 11th Special Calves & Yearlings Supply included: 100% Feeder Cattle (66% Steers, 34% Heifers). Feeder cattle supply over 600 lbs was 62%.