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Daily Market Summary for July 26th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Complex Indexes...

10-Day Index Trendline

Change from Previous Day: +1.62%

Change from 10 Days Ago: +0.85%

    

 60-Day Index Trendline

Change from 60 Days Ago: +3.30%​

Change from 60 Day High:   -0.06%​

 
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 Monday, negotiated cash trading has been mostly inactive on very light demand in Kansas and the Western Cornbelt. Not enough purchases in either region for a full market trend. Negotiated cash trading has been at a standstill in all other major feeding regions. Last week in the Southern Plains live purchases traded at 119.00. In Nebraska last week live and dressed purchases traded from 120.00-123.00 and at 195.00, respectively. In the Western Cornbelt last week live and dressed purchases traded from 120.00-124.00 and from 195.00-202.00, respectively.

  

Negotiated Sales:

Confirmed:             487             

Week Ago:              229

Year Ago:                677

 

Formula Net

Dressed Steers & Heifers:

Head count priced today:   36,200

Weighted avg. weight:        862.00

Weighted avg. net price:    193.68      

         

Cattle Slaughter under Federal Inspection:

Monday (est)                          119,000

Week ago (est)                       115,000

Year ago (act)                         117,000

 Friday

Steers & Heifers:  86,000

Cows & Bulls:        24,000

Saturday

Steers & Heifers:  58,000

Cows & Bulls:        13,000

                                                                                                             

Boxed Beef:

Cutout Values:

Choice: 267.93… +1.30

Select:  250.92… +0.98

Choice/Select Spread: 17.01

Total Load Count: 106

             

Cutter Cow Cutout:

230.20… -0.58

    

CME Feeder Cattle Index for July 23rd:

153.85… +1.82 / +1.20%

1 Year Change: +9.90%

52 Week Range: 130.15 to 153.85

               

Futures Settlements…

Live Cattle:

August: 123.45… +1.95

October: 129.20… +2.05

December: 133.98… +1.68

    

Feeder Cattle:

August: 162.20… +2.13

September: 164.82… +2.30

October: 166.45… +1.95

      

August Hogs: 107.40… +0.05

September Crude Oil: 71.91… -0.16

    

September Corn: 5.4975… +0.0250

September Wheat: 6.7700… -0.0700

    

Grain Cash Bids:

Kansas City Corn: 6.27… +0.03

Kansas City Wheat: 6.15… -0.07

    

Financial Markets:

DJIA: 35,144.91… +83.22

S & P 500: 4,422.37… +10.50

NASDAQ: 14,839.90… +5.44

U.S. Dollar Index: 92.64… -0.27

          

View Regional Cattle Auction Reports for Fri/Sat, July 23rd & 24th


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.