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Daily Market Summary for May 14th
Updated Monday thru Friday around 4:00 PM CT
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Daily Market Indexes & Trendlines
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Daily Market Summary for May 14th
Slaughter Cattle:
As of 3:00 PM Friday, negotiated cash trading in the Northern Plains and Western Cornbelt has been mostly inactive on light demand. Not enough purchases in these regions for a market trend. In Nebraska live purchases traded at 120.00 on Thursday and dressed purchases traded at 191.00 on Wednesday. In the Western Cornbelt live purchases traded from 118.00120.00 on Tuesday and dressed purchases traded from 187.00-190.00 last week. In Colorado the last reported market was two weeks ago with live purchases from 119.00-120.00. So far for Friday in the Southern Plains negotiated cash trading has been at a standstill. In the Texas Panhandle on Wednesday live purchases traded from 119.00-119.50. In Kansas on Wednesday with live purchases trading from 119.00-120.00.
Negotiated Sales:
Confirmed: 3,658
Week Ago: 1,229
Year Ago: 11,392
Formula Net
Dressed Steers & Heifers:
Head count priced today: 20,900
Weighted avg. weight: 849 lbs.
Weighted avg. net price: 190.58
Cattle Slaughter under Federal Inspection:
Friday (est) 115,000
Week ago (est) 111,000
Year ago (act) 94,000
Week to Date 578,000
Same Period Last Week 581,000
Same Period Last Year 466,000
Previous Day (est)
Steers & Heifers: 90,000
Cows & Bulls: 25,000
Boxed Beef:
Cutout Values:
Choice: 316.94… +0.16
Select: 293.19… -2.72
Choice/Select Spread: 23.75
Total Load Count: 107
Cutter Cow Cutout:
205.16… -0.37
CME Feeder Cattle Index for May 13th:
131.73… +0.55 / + 0.34%
1 Year Change: +5.55%
52 Week Range: 124.80 - 144.04
Futures Settlements…
Live Cattle:
June: 115.30… -0.30
August: 118.82… -0.58
October: 123.25… -0.80
Feeder Cattle:
May: 137.55… +0.10
August: 151.15… +0.65
September: 152.67… +0.70
June Hogs: 108.72… -1.38
June Crude Oil: 65.37… +1.55
July Corn: 6.4375… -0.3100
July Wheat: 7.0725… +0.0575
Grain Cash Bids:
Kansas City Corn: 6.66… -0.31
Kansas City Wheat: 6.33… Unchanged
Financial Markets:
DJIA: 34,380.75… +359.77
S & P 500: 4,173.54… +61.11
NASDAQ: 13,387.52… +278.37
U.S. Dollar Index: 90.33… -0.42
View Regional Cattle Auction Reports for Thursday, May 13th
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. .
