Cattle Charts...

Feedyard Closeouts & Five-Year Moving Averages

For the week ending 11/15/24

Closeout for unhedged steers placed on feed 180 days ago & sold this week
Projection based on the futures when placed on feed 180 days ago
Projection based on the futures for steers placed on feed this week

Closeout projections are for cattle placed on feed by a cattle owner at a commercial feedyard and not for cattle owned by a vertically integrated company such as a beef processing company or a feedyard feeding cattle at cost. Cattle cost, cost of gain, and selling price will vary on a regional basis. Cost includes $15 per head for freight to feedyard.