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Daily Market Summary for March 29th

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:  +1.56%

 

 60-Day Index Trendline

Change from 60 Days Ago: +12.67%​

Change from 60 Day High:   -2.68%

 
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:
As of 3:00 PM Wednesday, negotiated cash trading has been at a standstill in the Southern Plains and Nebraska. In the Western Cornbelt negotiated cash trading has been mostly inactive with very light demand. Not enough purchases for a market trend. In all regions the latest established market was last week. In the Southern Plains live purchases traded at 163.00. In Nebraska live and dressed purchases traded from 164.00-165.00 and dressed at 265.00, respectively. In the Western Cornbelt live and dressed purchases traded from 165.00-166.00 and at 265.00, respectively.
Negotiated Sales:
Confirmed:              628
Week Ago:         38,504
Year Ago:            29,734
Formula Net - Dressed Steers & Heifers:
Head count priced today:   22,200
Weighted avg. weight:         850.00
Weighted avg. net price:     266.07
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Cattle Slaughter under Federal Inspection
Wednesday      127,000
Week Ago          126,000
Year Ago            125,000
Week to Date    379,000
Last Week          378,000
Last Year            370,000 
Tuesday
Steers & Heifers: 100,000
Cows & Bulls:        27,000
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Boxed Beef:
Cutout Values:
Choice: 280.29… -0.34
Select:  268.90… -1.46
Choice/Select Spread: 11.39
Total Load Count: 114
-
Cutter Cow Cutout:
217.49… +0.97
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CME Feeder Cattle Index for March 28th:
191.27… -0.07 / -0.04%
1 Year Change: +23.07%
52 Week Range: 152.31 to 191.34
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Futures Settlements…
Live Cattle:
April: 165.82… +0.87
June: 159.65… +0.75
August: 159.45… +0.73
-
Feeder Cattle:
March: 191.45… -0.27
April: 198.20… +0.98
May: 202.52… +1.72
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April Lean Hogs: 76.77… -0.98
May Crude Oil: 72.97… -0.23
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May Corn: 6.5050… +0.0325
May Wheat: 7.0475… +0.0500
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Grain Cash Bids:
Omaha Corn: 6.78… +0.01
Kansas City Wheat: 8.25… +0.06
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Financial Markets:
DJIA: 32,717.96… +323.31
S & P 500: 4,027.88… +56.58
NASDAQ: 11,926.24… +210.16
U.S. Dollar Index: 102.68… +0.25
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.