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Daily Market Summary for November 20th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market-Strength Indexes

10-Day Index Trendline

Change from Previous Day: +0.22%

Change from 10 Days Ago: +2.82%

 

 60-Day Index Trendline

Change from 60 Days Ago: +11.10%​

Change from 60 Day High:   0.00%

 
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.

Tuesday Regional Auction Reports

 
Fed Cattle: 
USDA reported at 3:00 PM on Wednesday that negotiated cash trading has been inactive on very light demand in the Southern Plains. In Nebraska and the Western Cornbelt, negotiated cash trading has been limited on light demand. Not enough purchases in any region for a market trend. Last week live FOB purchases traded at 185.00 in all regions. Last week dressed delivered purchases in Nebraska traded at 290.00 and in the Western Cornbelt, traded from 290.00-300.00.
Negotiated Sales:
Confirmed:   2,891
Week Ago:   3,127
Year Ago:     5,931
Formula Net - Dressed Steers & Heifers:
Head count priced today:  23,600
Weighted avg. weight:           910
Weighted avg. net price:   298.78
-
Cattle Slaughter under Federal Inspection
Wednesday          127,000
Week Ago              125,000
Year Ago                126,963
Week to Date        371,000
Last Week WTD    358,000
Last Year WTD      381,485
Tuesday
Steers & Heifers:   103,000
Cows & Bulls:          23,000
-
Boxed Beef:
Cutout Values:
Choice: 306.39… -2.40
Select:  270.99… -0.92
Choice/Select Spread: 35.40
Total Load Count: 128
-
Cutter Cow Cutout:
260.00… -0.85
-
CME Feeder Cattle Index for November 19th:
254.26… +0.58 / +0.23%
1 Year Change: +12.54%
52 Week Range: 215.33 to 261.88
-
Futures Settlements:
Live Cattle:  
December: 186.30… -0.27
February: 187.92… -0.08
April: 189.70… +0.28
-
Feeder Cattle:
November: 254.80… +0.55
January: 252.32… +0.32
March: 251.40… +0.15
-
February Lean Hogs: 84.47… +1.60
November Crude Oil: 68.95… -0.44
-
February Corn: 4.4000… +0.0225
February Wheat: 5.7225… +0.0450
-
Grain Cash Bids:
Omaha Corn: 4.12… +0.03
Kansas City Wheat: 4.97… +0.04
-
Financial Markets:
DJIA: 43,408.47… +139.53
S & P 500: 5,917.22… +0.28
NASDAQ: 18,966.14… -21.33
U.S. Dollar Index: 106.70… +0.49
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.