Subscribe to receive via e-mail Saturday mornings.

 

Daily Market Summary for May 14th

Updated Monday thru Friday around 4:00 PM CT

See Entire Summary Below


Daily Market Indexes & Trendlines
Indicators of cattle/beef market strength

10-Day Index Trendline

Change from Previous Day: +0.48%
Change from 10 Days Ago: +2.01%
  

60-Day Index Trendline

Change from 60 Days Ago: -1.31%
Change from 60 Day High: -8.44%
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.

 

Upcoming Sales...

  


 

 


Subscribe to receive via e-mail Saturday mornings.

Weekly Market Summary

 

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. .