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Daily Market Summary for April 1st

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market-Strength Indexes

10-Day Index Trendline

Change from Previous Day: +0.89%

Change from 10 Days Ago:  +9.80%

 

 60-Day Index Trendline

Change from 60 Days Ago: +7.52%​

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
major market factors compared to the previous trading day.

Wednesday Regional Auction Reports

 

Fed Cattle:
USDA reported on Wednesday afternoon that negotiated cash trade has been inactive on light demand in all major feeding regions. The last established market test in the Texas Panhandle was last week with live purchases at mostly 238.00. The last established market test in Kansas was last week with live purchases from 235.00-238.00, mostly 238.00. The last established market test in Nebraska was last week with live purchases at 235.00 and dressed purchases from 370.00-372.00, mostly 372.00. The last established market test in the Western Cornbelt was last week with live purchases at mostly 235.00 and dressed purchases at 372.00.
Negotiated Sales:
Confirmed:      131
Week Ago:       527
Year Ago:         471
Formula Net - Dressed Steers & Heifers:
Head count priced today: 24,500
Weighted avg. weight:            947
Weighted avg. net price:   375.38
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Cattle Slaughter under Federal Inspection:
Wednesday                107,000
Week Ago                   103,000
Year Ago                     123,338
Week to Date             324,000
Last Week WTD         315,000
Last Year WTD           349,169
Tuesday
Steers & Heifers:        87,000
Cows & Bulls:              21,000
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Boxed Beef:
Cutout Values:
Choice: 394.42… -1.07
Select: 392.59… -0.34
Choice/Select Spread: 1.83
Total Load Count: 97
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Cutter Cow Cutout:
349.48… +0.73
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CME Feeder Cattle Index for Tuesday, March 31st:
Posted daily by CME for the prior business day
366.82… +0.89
Historical High: 2/19/26 @ 377.37
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Futures Settlements:
Live Cattle:
April: 244.05… +1.03
June: 244.35… +1.08
August: 240.67… +0.87
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Feeder Cattle:
April: 370.75… +1.63
May: 368.00… +1.53
August: 366.85… +2.43
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June Lean Hogs: 105.17… +0.12
May Crude Oil as of 3.00 PM CT: 99.82… -1.56
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May Corn: 4.5425… -0.0350
May Wheat: 5.9750… -0.1875
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Financial Markets:
DJIA: 46,566.48… +225.40
S & P 500: 6,575.40… +47.02
NASDAQ: 21,840.95… +250.32
U.S. Dollar Index: 99.62… -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.