Subscribe to receive via e-mail Saturday mornings.

 

Daily Market Summary for March 18th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market Velocity Trendlines +/-

10-Day Index Trendline

Change from Previous Day: +3.73%

Change from 10 Days Ago:  +4.94%

 

 60-Day Index Trendline

Change from 60 Days Ago: +41.00%​

Change from 60 Day High:     0.00%

 
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.

Friday/Saturday Regional Auction Reports

 
Fed Cattle:
As of 3:00 PM Monday in the Southern Plains and Nebraska, negotiated cash trade has been at a standstill. In the Western Cornbelt negotiated cash trade has been mostly inactive on light demand. Last week in the Southern Plain live FOB purchases FOB purchases traded at 186.00. Last week in Nebraska live FOB purchases traded from 187.00-188.00 with dressed delivered purchases traded from 295.00-300.00. Last week in the Western Cornbelt live FOB purchases traded from 187.00 -189.00, with dressed delivered purchases at 298.00.
Negotiated Sales:
Confirmed:           70
Week Ago:            37
Year Ago:              38
Formula Net - Dressed Steers & Heifers:
Head count priced today:   36,100
Weighted avg. weight:         871.00
Weighted avg. net price:     294.85
-
Cattle Slaughter under Federal Inspection
Monday              120,000
Week Ago           111,,000
Year Ago             124,621
Week to Date     120,000
Last Week           111,000
Last Year             124,621
Friday
Steers & Heifers:  89,000
Cows & Bulls:        24,000
-
Boxed Beef:
Cutout Values:
Choice: 313.33… +1.43
Select:  303.05… +0.65
Choice/Select Spread: 10.28
Total Load Count: 114
-
Cutter Cow Cutout:
255.70… -0.10
-
CME Feeder Cattle Index for March 15th:
250.86… +1.86% / +0.75%
1 Year Change: +33.43%
52 Week Range: 187.69 to 254.09
-
Futures Settlements:
Live Cattle:
April: 188.57… +1.32
June: 185.40… +1.80
August: 184.35… +1.73
-
Feeder Cattle:
March: 251.20… +1.93
April: 255.10… +2.98
May: 259.12… +3.12
-
April Lean Hogs: 86.82… -0.10
April Crude Oil: 82.07… +1.03
-
May Corn: 4.3600… -0.0075
May Wheat: 5.4275… +0.1425
-
Grain Cash Bids:
Omaha Corn: 4.45… +0.02
Kansas City Wheat: 5.18… +0.08
-
Financial Markets:
DJIA: 38,789.05… +74.28
S & P 500: 5,149.42… +32.26
NASDAQ: 16,103.46… +130.29
U.S. Dollar Index: 103.61… +0.08

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.