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Daily Market Summary for October 9th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market-Strength Indexes

10-Day Index Trendline

Change from Previous Day: +1.87%

Change from 10 Days Ago:  +3.40%

 

 60-Day Index Trendline

Change from 60 Days Ago:  +6.91%​

Change from 60 Day High:   -6.58%

 
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.

Thursday Regional Auction Reports

 

Fed Cattle: 
USDA reported on Thursday afternoon that negotiated cash trade has been mostly inactive on light to moderate demand in all feeding regions. The last established market in the Texas Panhandle was last week at 233.00. The last established market in Kansas was last week at 232.00-233.00, mostly 233.00. The last established market in Nebraska was last week with live purchases at 230.00 and dressed purchases at 360.00. The last established market in the Western Cornbelt was last week with live purchases at 230.00 and dressed purchases at 360.00.
Negotiated Sales:
Confirmed:       312
Week Ago:     5,857
Year Ago:     26,184
Formula Net - Dressed Steers & Heifers:
Head count priced today: 35,900
Weighted avg. weight:           958
Weighted avg. net price:  370.24
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Cattle Slaughter under Federal Inspection:
Thursday                 111,000
Week Ago                110,000
Year Ago                   116,295
Week to Date          446,000
Last Week WTD      458,000
Last Year WTD         475,807
Wednesday
Steers & Heifers:      95,000
Cows & Bulls:            23,000
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Boxed Beef:
Cutout Values:
Choice: 365.22… -0.94
Select:  344.33… -0.91
Choice/Select Spread: 20.89
Total Load Count: 137
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Cutter Cow Cutout:
330.47… -4.35
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CME Feeder Cattle Index for Wednesday, October 8th:
Posted daily by CME with a lag of one business day
367.35… +1.84
Historical High: 367.61 on 9/26/25
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Futures Settlements:
Live Cattle:
October: 235.02… +1.17
December: 239.90… +1.03
February: 243.40… +1.18
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Feeder Cattle:
October: 374.02… +4.52
November: 374.05… +5.23
January: 369.05… +5.53
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December Lean Hogs: 84.35… -1.75
November Crude Oil: 61.45… -1.10
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December Corn: 4.1825… -0.0375
December Wheat: 5.0650… -0.0075
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Financial Markets:
DJIA: 46,358.67… -243.11
S & P 500: 6,735.11… -18.61
NASDAQ: 23,024.63… -18.75
U.S. Dollar Index: 99.42… +0.50
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.