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Daily Market Summary for May 20th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Complex Indexes...

10-Day Index Trendline

Change from Previous Day: -0.10%

Change from 10 Days Ago: -5.09%

    

 60-Day Index Trendline

Change from 60 Days Ago: -7.83%​

Change from 60 Day High: -10.49%

 
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.

Thursday Regional Auction Reports

 

Slaughter Cattle:
As of 3:00 PM Friday, negotiated cash trading has been mostly inactive on very light demand in the Western Cornbelt. Not enough purchases for a market trend. Negotiated cash trading was at a standstill in all other major feeding regions. On Tuesday in the Southern Plains live purchases traded at 138.00. In Nebraska on Wednesday live purchases traded at 140.00 and on Tuesday dressed purchases traded at 226.00. In the Western Cornbelt on Tuesday live purchases traded at 142.00. The last reported dressed market in the Western Cornbelt was last week with purchases from 227.00-230.00. The last reported market in Colorado was last week with live purchases from 140.00-144.00.
Negotiated Sales:
Confirmed:          923
Week Ago:        1,120
Year Ago:              357
Formula Net - Dressed Steers & Heifers:
Head count priced today:   19,200
Weighted avg. weight:        853.00
Weighted avg. net price:     228.94
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Cattle Slaughter under Federal Inspection
Friday (est)                           123,000
Week ago (est)                     120,000
Year ago (act)                       119,000
Week to Date                       622,000
Same Period Last Week     615,000
Same Period Last Year       593,000
Thursday
Steers & Heifers:  96,000
Cows & Bulls:        29,000
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Boxed Beef:
Cutout Values:
Choice: 262.17… +0.47
Select:  243.02… -3.04
Choice/Select Spread: 19.15
Total Load Count: 90
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Cutter Cow Cutout:
219.40… +0.44
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CME Feeder Cattle Index for May 19th:
153.05… -0.41 / -0.27%
1 Year Change: +13.29%
52 Week Range: 135.20 to 165.35
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Futures Settlements…
Live Cattle:
June: 131.57… +0.07
August: 131.55… -0.47
October: 137.42… -0.58
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Feeder Cattle:
May: 153.40… -0.72
August: 163.92… -1.28
September: 167.00… -0.90
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June Hogs: 108.87… +3.57
June Crude Oil: 113.23… +1.02
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July Corn: 7.7875… -0.0450
July Wheat: 11.6875… -0.3175
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Grain Cash Bids:
Omaha Corn: 7.89… -0.02
Kansas City Wheat: 12.23… -0.42
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Financial Markets:
DJIA: 31,260.58… +7.45
S & P 500: 3,901.36… +0.91
NASDAQ: 11,359.18… -35.51
U.S. Dollar Index: 103.04… +0.32

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.