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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: +5.57%

Change from 10 Days Ago:  +16.74%

 

 60-Day Index Trendline

Change from 60 Days Ago: +29.80%​

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.

Monday Regional Auction Reports

 

Fed Cattle: 
USDA reported on Tuesday afternoon that negotiated cash trading has been at a standstill in the Southern Plains. In Nebraska and the Western Cornbelt negotiated cash trading has been mostly inactive with very light demand. Last week in the Southern Plains, live FOB purchases traded from 209.00-210.00. For the prior week in Nebraska and Western Cornbelt, live FOB and dressed delivered purchases traded at 213.00 and from 335.00-345.00, respectively.
Negotiated Sales:
Confirmed:    141
Week Ago:  1,557
Year Ago:       352
Formula Net - Dressed Steers & Heifers:
Head count priced today:   23,700
Weighted avg. weight:              914
Weighted avg. net price:     337.17
-
Cattle Slaughter under Federal Inspection:
Tuesday                  123,000
Week Ago                124,000
Year Ago                  121,118
Week to Date         227,000
Last Week WTD      243,000
Last Year WTD        229,404
Monday
Steers & Heifers:       82,000
Cows & Bulls:             22,000
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Boxed Beef:
Cutout Values:
Choice: 342.22… +6.96
Select:  322.07… +2.06
Choice/Select Spread: 20.15
Total Load Count: 95
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Cutter Cow Cutout:
298.25… +0.86
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CME Feeder Cattle Index for Monday, March 31st:
291.02… -0.48
52 Week High: 291.50 on 3/28/25
-
Futures Settlements:
Live Cattle:  
April: 209.12… +1.32
June: 205.42… +1.77
August: 202.32… +2.30
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Feeder Cattle:
April: 288.27… +1.82
May: 287.15… +2.65
August: 292.40… +2.90
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April Lean Hogs: 87.37… -0.35
May Crude Oil: 71.21… -0.27
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May Corn: 4.6175… +0.0450
May Wheat: 5.4050… +0.0350
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Financial Markets:
DJIA: 41,989.84… -12.17
S & P 500: 5,633.07… +21.14
NASDAQ: 17,449.89… +150.60
U.S. Dollar Index: 104.24… +0.03

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.