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Daily Market Summary for April 11th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market-Strength Indexes

10-Day Index Trendline

Change from Previous Day: +1.06%

Change from 10 Days Ago:  -8.77%

 

 60-Day Index Trendline

Change from 60 Days Ago: +17.90%​

Change from 60 Day High: -12.78%

 
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: 
USDA reported on Friday afternoon that negotiated cash trading has been limited on light demand. Last week in the Southern Plains, live FOB purchases traded at 208.00. In Nebraska and the Western Cornbelt, the last reported market was on Thursday with live FOB purchases at 208.00 and dressed delivered purchases from 327.00-328.00.
Negotiated Sales:
Confirmed:      5,623
Week Ago:     30,442
Year Ago:       42,338
Formula Net - Dressed Steers & Heifers:
Head count priced today:   29,300
Weighted avg. weight:              872
Weighted avg. net price:     334.68
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Cattle Slaughter under Federal Inspection:
Friday                        96,000
Week Ago                109,000
Year Ago                  106,776
Week to Date         559,000
Last Week WTD      581,000
Last Year WTD        586,417
Thursday
Steers & Heifers:      93,000
Cows & Bulls:            21,000
-
Boxed Beef:
Cutout Values:
Choice: 334.22… -0.07
Select:  313.96… -1.00
Choice/Select Spread: 20.26
Total Load Count: 102
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Cutter Cow Cutout:
295.67… -0.30
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CME Feeder Cattle Index for Thursday, April 10th:
286.13… -1.16
52 Week High: 291.95 on 4/3/25
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Futures Settlements:
Live Cattle:  
April: 202.47… +1.62
June: 196.80… +1.60
August: 193.85… +1.65
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Feeder Cattle:
April: 285.17… +2.40
May: 278.70… +3.40
August: 283.67… +3.75
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June Lean Hogs: 93.32… +0.15
May Crude Oil: 61.57… +1.50
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July Corn: 4.9700… +0.0825
July Wheat: 5.7025… +0.1675
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Financial Markets:
DJIA: 40,212.47… +619.03
S & P 500: 5,363.22… +95.31
NASDAQ: 16,724.46… +337.15
U.S. Dollar Index: 99.87… +1.00
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.