TCR's Weekly Market Summary...
An in depth look at the week’s prices, trends, and news for the cattle/beef complex.
Cattle/Beef Indexes for the week ending September 13th:
Indexes track the daily market values for the past 10 & 60 days. Each daily value is the weighted total of the Gain/(Loss) for 12 market factors compared to the previous trading day.
10-Day Index: -1.30% compared to -3.14% last Friday
60 Day Index: -2.87% compared to -3.11% last Friday
10-Day Index & Trendline
60-Day Index & Trendline
Slaughter Cattle: In the South, cattle traded at 99.00, 1.00 lower than last week. In the North, trade averaged 160.00 on a dressed basis, 4.00 lower than last week. In the 3 front months, Live Cattle futures closed from 3.20 to 4.70 higher for the week.
Feeder & Stocker Cattle: Feeder cattle trade ranged from 1.00 higher in the North to 2.50 lower in the Southeast. Stocker calves traded 3.00 lower in the North Central & South Central state with Western & Southeast 4.00 to 5.00 lower. The 3 front months of Feeder Cattle futures closed from 3.15 to 367 higher.
CME Feeder Cattle Index: Closed at 136.09, 2.27 lower for the week.
Boxed Beef Cutouts: Choice cutout 6.43 lower at 220.88 and the Select cutout 3.44 lower at 198.60. The Choice/Select spread is 22.28, 3.09 lower than last week.
Cutter Cow Cutout: 0.49 lower at 175.95.
Slaughter Cows: Market cows traded 1.00 to mostly 4.00 lower.
Grain: Kansas City corn closed 0.10 higher with the futures 0.13 higher for the week. Cash wheat 0.19 higher and the futures 0.20 higher.
Weekly Market Summary Archive: