Weekly Market Summary... September 18, 2020

A look at the week’s prices, trends, and news for the cattle/beef complex.
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For the week, slaughter cattle 2.00 to 4.00 higher, feeder cattle up 0.56, cattle futures 0.87 to 1.95 higher, with stocker calves and dressed beef lower.
   

Cattle/Beef Indexes for the week ending September 18th

Indexes track the 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.

Change from Previous Day: +0.49%

Change from 10 Days Ago: -0.23%

Change from 60 Days Ago: +3.51%​

  
 10-Day Index Trendline
 60-Day Index Trendline
   
Slaughter Cattle: In the South, trade at 104.00, 2.00 higher than last week.  Northern dressed trade at 165.00, 4.00 higher than last week.  In the 3 front months, Live Cattle futures closed 1.75 to 1.95 higher than last week.
Feeder Cattle: National average price for feeder steers @ 140.71, 0.56 higher than last week with trade steady to 4.00 higher. In the 3 front months, Feeder Cattle futures closed 0.87 to 1.85 higher for the week.
Stocker Calves: National average price for stocker steers @ 153.94, 1.13 lower than last week with trade 3.00 lower to 3.00 higher.
Feeder & stocker cattle marketings, compared to a year ago, are down 6.5% or 691,300 head less compared to 710,300 head less last week.
CME Feeder Cattle Index: 142.18, 1.19 higher than last Friday.
Boxed Beef Cutouts: Choice cutout 4.25 lower at 215.64 and the Select cutout 3.16 lower at 203.94.  The Choice/Select spread is 11.70, 1.09 lower than last week. 
Cutter Cow Cutout: 3.25 lower at 178.10.
Slaughter Cows: Trade ranged from steady to 3.00 lower.
Total red meat production under Federal inspection for the week ending Saturday, September 19, 2020 was estimated at 1086.9 million lbs. This was 11.9 percent higher than a week ago and 0.7 percent lower than a year ago.  Cumulative meat production for the year to date was 0 percent higher compared to the previous year.
Grain: For the week, Kansas City corn 0.18 higher @ 3.69 with the futures @ 3.7850, up 0.1000. Cash wheat 0.33 higher @ 4.72 and the futures @ 5.7500, up 0.3300.
  
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2020...

     
  
09/04/20
08/07/20
07/10/20
06/12/20
05/15/20
04/17/20
03/20/20
02/21/20
01/24/20
  
08/28/20
07/31/20
07/03/20
06/05/20
05/08/20
04/10/20
03/13/20
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08/21/20
07/24/20
06/26/20
05/29/20
05/01/20
04/03/20
03/06/20
02/07/20
01/10/20
09/11/20
08/14/20
07/17/20
06/19/20
05/22/20
04/24/20
03/27/20
02/28/20
01/31/20
01/03/20

  

     

2019...

     
12/27/19
11/29/19
11/01/19
10/04/19
09/06/19
08/09/19
07/12/19
06/14/19
05/17/19
04/19/19
03/22/19
02/22/19
01/25/19
12/20/19
11/22/19
10/25/19
09/27/19
08/30/19
08/02/19
07/05/19
06/07/19
05/10/19
04/12/19
03/15/19
02/15/19
01/18/19
12/13/19
11/15/19
10/18/19
09/20/19
08/23/19
07/26/19
06/28/19
 05/31/19
05/03/19
04/05/19
03/08/19
02/08/19
01/11/19
12/06/19
11/08/19
10/11/19
09/13/19
08/16/19
07/19/19
06/21/19
05/24/19
04/26/19
03/29/19
03/01/19
02/01/19
01/04/19

  

     

2018...

     
12/28/18
11/30/18
11/02/18
10/05/18
09/07/18
08/10/18
07/13/18
06/15/18
12/21/18
11/23/18
10/26/18
09/28/18
08/31/18
08/03/18
07/06/18
06/08/18
12/14/18
11/16/18
10/19/18
09/21/18
08/24/18
07/27/18
06/29/18
06/01/18
12/07/18
11/09/18
10/12/18
09/14/18
08/17/18
07/20/18
06/22/18
05/25/18