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Daily Market Summary for February 10th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market-Strength Indexes

10-Day Index Trendline

Change from Previous Day: +1.84%

Change from 10 Days Ago: -9.62%

 

 60-Day Index Trendline

Change from 60 Days Ago: +17.71%​

Change from 60 Day High:   -9.62%

 
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.

Friday/Saturday Regional Auction Reports

 

Fed Cattle: 
USDA reported on Monday afternoon that negotiated cash trading has been at a standstill in all regions. Last week in the Southern Plains, live FOB purchases traded at 206.00. In Nebraska, live FOB and dressed delivered purchases traded at 208.00 and 328.00, respectively. In the Western Cornbelt, live FOB and dressed delivered purchases traded from 205.00-208.00 and at 328.00, respectively.
Negotiated Sales:
Confirmed:        91
Week Ago:       356
Year Ago:          36
Formula Net - Dressed Steers & Heifers:
Head count priced today:   22,900
Weighted avg. weight:            946
Weighted avg. net price:    333.68
-
Cattle Slaughter under Federal Inspection:
Monday                   100,000
Week Ago                115,000
Year Ago                  114,805
Week to Date          100,000
Last Week WTD      115,000
Last Year WTD        114,805
Friday
Steers & Heifers:      79,000
Cows & Bulls:           21,000
-
Boxed Beef:
Cutout Values:
Choice: 323.50… +1.63
Select:  313.92… +1.02
Choice/Select Spread: 9.58
Total Load Count: 83
-
Cutter Cow Cutout:
287.83… +0.27
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CME Feeder Cattle Index for February 7th:
275.76… +0.17
52 Week High: 281.68 on 1/30/25
-
Futures Settlements:
Live Cattle:  
February: 201.87… +1.10
April: 198.12… +1.35
June: 193.20… +1.10
-
Feeder Cattle:
March: 268.12… +3.22
April: 267.77… +2.95
May: 266.32… +2.72
-
April Lean Hogs: 91.62… -0.50
March Crude Oil: 72.45… +1.45
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March Corn: 4.9150… +0.0400
March Wheat: 5.7950… -0.0325
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Financial Markets:
DJIA: 44,470.35… +166.70
S & P 500: 6,066.48… +40.47
NASDAQ: 19,714.27… +190.87

U.S. Dollar Index: 108.31… +0.27


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.