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Daily Market Summary for May 12th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market-Strength Indexes

10-Day Index Trendline

Change from Previous Day: -1.93%

Change from 10 Days Ago:  -2.43%

 

 60-Day Index Trendline

Change from 60 Days Ago: +15.31%​

Change from 60 Day High:    -4.16%

 
Indexes track daily market values for the past 10 & 60 days.
Each daily value is the weighted total of the Gain/(Loss) for
major market factors compared to the previous trading day.

Tuesday Regional Auction Reports

 

Fed Cattle:
USDA reported on Tuesday afternoon that negotiated cash trade has been mostly inactive on moderate demand in all major feeding regions. The last established market test in the Texas Panhandle was last week at 256.00. The last established market test in Kansas was last week from 256.00-260.00. The last established market test in Nebraska was last week with live purchases from 258.00-260.50, mostly 260.00, and dressed purchases from 402.00-405.00, mostly 402.00. The last established market test in the Western Cornbelt was last week with live purchases at mostly 260.00 and dressed purchases from 400.00-405.00.
Negotiated Sales:
Confirmed:       1,308
Week Ago:           408
Year Ago:             102
Formula Net - Dressed Steers & Heifers:
Head count priced today:       26,800
Weighted avg. weight:                  963
Weighted avg. net price:         403.57
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Cattle Slaughter under Federal Inspection:
Tuesday                     108,000
Week Ago                   107,000
Year Ago                     121,654
Week to Date             210,000
Last Week WTD         205,000
Last Year WTD           218,947
Monday
Steers & Heifers:        87,000
Cows & Bulls:              15,000
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Boxed Beef:
Cutout Values:
Choice: 390.73… -0.49
Select: 391.27… -0.22
Choice/Select Spread: (0.54)
Total Load Count: 96
-
Cutter Cow Cutout:
353.27… -6.30
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CME Feeder Cattle Index for Monday, May 11th:
Posted daily by CME for the prior business day
374.83
*Historical High: 4/15/26 @ 379.09
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Futures Settlements:
Live Cattle:
June: 247.70… -1.70
August: 241.07… -2.48
October: 233.87… -2.80
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Feeder Cattle:
May: 365.90… -2.50
August: 356.55… -5.75
September: 353.87… -6.28
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June Lean Hogs: 98.42… -1.80
June Crude Oil as of 3.00 PM CT: 102.39… +4.32
-
July Corn: 4.8000… +0.0475
July Wheat: 6.7900… +0.4500
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Financial Markets:
DJIA: 49,760.99… +56.21
S & P 500: 7,401.08… -11.76
NASDAQ: 26,055.20… -185.93
U.S. Dollar Index: 98.30… +0.34
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.