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Daily Market Summary for March 6th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market-Strength Indexes

10-Day Index Trendline

Change from Previous Day: -3.82%

Change from 10 Days Ago:  -4.06%

 

 60-Day Index Trendline

Change from 60 Days Ago: +7.40%​

Change from 60 Day High:   -6.50%

 
Indexes track daily market values for the past 10 & 60 days.
Each daily value is the weighted total of the Gain/(Loss) for
major market factors compared to the previous trading day.

Friday/Saturday Regional Auction Reports

 

Fed Cattle:
USDA reported on Friday afternoon that negotiated cash trade has been limited on moderate demand in the Texas Panhandle. The last established market test in the Texas Panhandle was last week with live purchases at mostly 244.00. Negotiated cash trade has been limited on moderate to good demand in Kansas. The last established market test in Kansas was last week with live purchases at 244.00. Negotiated cash trade has been active on good demand in Nebraska. Live purchases have been generally 2.00 lower at 240.00 when compared to last weeks range. Dressed purchases have been 3.00 lower at 380.00 when compared to last weeks market test in Nebraska. Negotiated cash trade has been moderate on good demand in the Western Cornbelt. Compared to last week in the Western Cornbelt, live purchases have been 3.00 lower at 240.00 and dressed purchases have been 2.00-3.00 lower at 380.00 compared to last weeks light test.
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Cattle Slaughter under Federal Inspection:
Friday                           88,000
Week Ago                     89,000
Year Ago                     108,457
Week to Date             521,000
Last Week WTD         516,000
Last Year WTD            576,213
Thursday
Steers & Heifers:       90,000
Cows & Bulls:            21,000
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Boxed Beef:
Cutout Values:
Choice: 387.22… +0.33
Select: 378.95… -1.66
Choice/Select Spread: 8.27
Total Load Count: 65
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Cutter Cow Cutout:
334.61… -0.38
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CME Feeder Cattle Index for Thursday, March 5th:
Posted daily by CME for the prior business day
367.32… -1.27
Historical High: 2/19/26 @ 377.37
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Futures Settlements: Friday Closes
Live Cattle:
April: 234.57… -3.95
June: 231.47… -3.80
August: 229.25… -4.15
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Feeder Cattle:
January: 355.62… -6.98
March: 351.62… -7.38
April: 348.07… -7.45
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April Lean Hogs: 95.62… -0.05
April Crude Oil: 90.38… +9.37
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May Corn: 4.6050… +0.0700
May Wheat: 6.1675… -0.3300
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Financial Markets:
DJIA: 47,501.68… -452.24
S & P 500: 6,740.00… -90.50
NASDAQ: 22,387.68… -361.31
U.S. Dollar Index: 98.95… +0.37
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.