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Daily Market Summary for May 1st

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market Velocity Trendlines +/-

10-Day Index Trendline

Change from Previous Day: -2.61%

Change from 10 Days Ago:  -0.02%

 

 60-Day Index Trendline

Change from 60 Days Ago: -15.56%​

Change from 60 Day High: -19.49%

 
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.

Tuesday Regional Auction Reports

 

Fed Cattle: 
As of 3:00 PM Wednesday in the Southern Plains, negotiated cash trade has been at a standstill. Last week in the Southern Plains live FOB purchases at 182.00. In Nebraska and the Western Cornbelt negotiated cash trade has been slow on light demand. Last week in Nebraska live FOB purchases traded from 184.00-185.00, with a few purchases up to 187.00 and dressed delivered purchases traded from 294.00-295.00. The most recent market in the Western Cornbelt was Monday with live FOB purchases at 185.00. Last week dressed delivered purchases traded at 294.00, on a light test.
Negotiated Sales:
Confirmed:         1,034
Week Ago:        11,930
Year Ago:             5,201
Formula Net - Dressed Steers & Heifers:
Head count priced today:   19,900
Weighted avg. weight:         891.00
Weighted avg. net price:     294.23
-
Cattle Slaughter under Federal Inspection
Wednesday        123,000
Week Ago           125,000
Year Ago             124,119
Week to Date     360,000
Last Week           360,000
Last Year             373,515
Tuesday
Steers & Heifers:    100,000
Cows & Bulls:           24,000
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Boxed Beef:
Cutout Values:
Choice: 293.54… -0.83
Select:  288.07… -1.88
Choice/Select Spread: 5.47
Total Load Count: 186
-
Cutter Cow Cutout:
271.73… +2.38
-
CME Feeder Cattle Index for April 30th:
247.06… +0.06 / +0.02%
1 Year Change: +22.42%
52 Week Range: 199.40 to 254.09
-
Futures Settlements:
Live Cattle:
June: 173.85… -1.12
August: 171.10… -2.00
Oct: 174.85… -2.20
-
Feeder Cattle:
May: 241.42… -3.15
August: 251.75… -3.75
September: 252.60… -3.87
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June Lean Hogs: 100.42... -2.05
June Crude Oil: 79.10… -2.83
-
July Corn: 4.5075… +0.0400
July Wheat: 5.9925… -0.0400
-
Grain Cash Bids:
Omaha Corn: 4.46… -0.03
Kansas City Wheat: 5.70… -0.10
-
Financial Markets:
DJIA: 37,901.62… +86.10
S & P 500: 5,018.29… -17.39
NASDAQ: 15,605.48… -52.34
U.S. Dollar Index: 106.04… -0.20
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.