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Daily Market Summary for January 17th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market-Strength Indexes

10-Day Index Trendline

Change from Previous Day: -0.39%

Change from 10 Days Ago: +5.49%

 

 60-Day Index Trendline

Change from 60 Days Ago: +31.44%​

Change from 60 Day High:   -1.22%

 
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 in the Southern Plains negotiated cash trading was mostly inactive on light demand. Not enough purchases for a full market trend. The last reported market in the Southern Plains was Wednesday with live FOB purchases trading at 201.00. In Nebraska and the Western Cornbelt, negotiated cash trade and demand were light to moderate. Not enough purchases for a full market trend in either of these regions. The last reported market in Nebraska was Thursday, with live FOB purchases from 203.00-205.00 and dressed delivered purchases at 322.00. The most recent market in the Western Cornbelt was Thursday, with live FOB and dressed delivered purchases from 203.00-206.00 and 320.00-322.00, respectively.
Negotiated Sales:
Confirmed:     8,272
Week Ago:    10,765
Year Ago:       4,253
Formula Net - Dressed Steers & Heifers:
Head count priced today:  33,400
Weighted avg. weight:           910
Weighted avg. net price:   320.50
-
Cattle Slaughter under Federal Inspection:
Friday                      114,000
Week Ago                105,000
Year Ago                  119,816
Week to Date          602,000
Last Week WTD      579,000
Last Year WTD        573,728
Thursday
Steers & Heifers:     99,000
Cows & Bulls:          23,000
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Boxed Beef:
Cutout Values:
Choice: 333.69… +0.28
Select:  319.83… +0.45
Choice/Select Spread: 13.86
Total Load Count: 122
-
Cutter Cow Cutout:
278.06… +1.21
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CME Feeder Cattle Index for January 16th:
277.06… -1.25
52 Week High: 278.55 on 1/9/25
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Futures Settlements:
Live Cattle:  
February: 196.75… +0.15
April: 197.50… -0.17
June: 192.20… +0.23
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Feeder Cattle:
January: 273.50… +0.05
March: 268.05… +0.33
April: 268.12… -0.08
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February Lean Hogs: 81.12… -1.18
February Crude Oil: 77.99… -0.69
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February Corn: 4.8425… +0.0975
February Wheat: 5.3875… +0.0125
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Financial Markets:
DJIA: 43,487.43… +334.30
S & P 500: 5,996.70… +59.39
NASDAQ: 19,630.20… +291.91
U.S. Dollar Index: 109.36… +0.40
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.