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Daily Market Summary for September 17th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Complex Indexes...

10-Day Index Trendline

Change from Previous Day: -0.54%

Change from 10 Days Ago: -5.06%

    

 60-Day Index Trendline

Change from 60 Days Ago: +0.02%​

Change from 60 Day High:   -9.49%​

 
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.

Slaughter Cattle:

As of 3:00 PM Friday, negotiated cash trading has been mostly inactive with light demand in all feeding regions. Not enough purchases for a market trend in any region. The last reported market in these regions was on Wednesday. In the Texas Panhandle live purchases traded at 124.00. In Kansas live purchases traded from 123.00-124.00. In Nebraska live and dressed purchases traded at 125.00 and 200.00, respectively. In the Western Cornbelt live and dressed purchases traded from 123.00-124.00 and at 200.00, respectively

  

Negotiated Sales:

Confirmed:     1,862       

Week Ago:      2,060

Year Ago:        7,953

          

Formula Net

Dressed Steers & Heifers:

Head count priced today:   28,100

Weighted avg. weight:       870.00

Weighted avg. net price:    200.67

         

Cattle Slaughter under Federal Inspection:

Friday (est)                           118,000

Week ago (est)                     121,000

Year ago (act)                       112,000

Week to Date                       593,000

Same Period Last Week    486,000

Same Period Last Year       592,000

Thursday

Steers & Heifers:  93,000

Cows & Bulls:       27,000

                                                                                                             

Boxed Beef:

Cutout Values:

Choice: 314.47… -3.53

Select:  279.75… -0.52

Choice/Select Spread: 34.72

Total Load Count: 155

                  

Cutter Cow Cutout:

235.23… +0.13

            

CME Feeder Cattle Index for September 16th:

154.60… +0.58 / +0.38%

1 Year Change: +8.74%

52 Week Range: 130.15 to 159.56

           

Futures Settlements…

Live Cattle:

October: 122.80… -0.80

December: 127.52… -1.05

February: 131.55… -1.10

         

Feeder Cattle:

September: 154.87… -1.00

October: 156.37… -0.73

November: 156.10… -1.20

         

October Hogs: 85.72… +0.25

October Crude Oil: 71.97… -0.64

         

December Corn: 5.2725… -0.0225

December Wheat: 7.0875… -0.0425

    

Grain Cash Bids:

Omaha Corn: 5.92… -0.02

Kansas City Wheat: 6.77… -0.07

        

Financial Markets:

DJIA: 34,582.90… -168.22

S & P 500: 4,432.85… -41.05

NASDAQ: 15,043.97… -137.95

U.S. Dollar Index: 93.19… +0.26

          

View Regional Cattle Auction Reports for Thursday, September 16th


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.