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Daily Market Summary for November 30th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market Velocity Trendlines +/-

10-Day Index Trendline

Change from Previous Day: -0.57%

Change from 10 Days Ago:  -5.82%

 

 60-Day Index Trendline

Change from 60 Days Ago: -31.98%​

Change from 60 Day High: -31.98%

 
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.

Wednesday Regional Auction Reports

 

Fed Cattle:
As of 3:00 PM Thursday in the Texas Panhandle, negotiated cash trade has been slow on light demand, with a few live FOB purchases at 174.00, however not enough for a market trend. The most recent live FOB purchases were Monday at 175.00. In Kansas negotiated cash trade was slow on light to moderate demand. Compared to Tuesday live FOB purchases traded 1.00 lower mostly at 174.00. In Nebraska negotiated cash trade has been moderate on trade and demand. Compared to Wednesday in Nebraska live FOB purchases traded steady to 1.00 lower from 174.00-175.00. Compared to last week dressed delivered purchases traded 5.00 lower at 275.00. In the Western Cornbelt negotiated cash trade has been moderate on trade and demand. Compared to last week live FOB purchases traded 1.00 to 3.00 lower from 174.00-175.00. Compared to last week dressed delivered purchases traded 3.00-5.00 lower from 275.00.
Negotiated Sales:                                                                                               
Confirmed:  24,958
Week Ago:      None
Year Ago:       6,976
Formula Net - Dressed Steers & Heifers:
Head count priced today:   32,700
Weighted avg. weight:         899.00
Weighted avg. net price:     284.69
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Cattle Slaughter under Federal Inspection
Thursday            121,000
Week Ago               4,000
Year Ago             128,000
Week to Date     494,000
Last Week           382,000
Last Year             509,000 
Tuesday
Steers & Heifers:  97,000
Cows & Bulls:        28,000
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Boxed Beef:
Cutout Values:
Choice: 299.02… +1.99
Select:  264.75… +0.66
Choice/Select Spread: 34.27
Total Load Count: 181
-
Cutter Cow Cutout:
214.71… -4.83
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CME Feeder Cattle Index for November 29th:
224.77… +2.52 / +1.13%
1 Year Change: +25.99%
52 Week Range: 173.63 to 254.09
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Futures Settlements…
Live Cattle:
December: 170.87… -1.03
February: 171.82… -1.65
April: 174.42… -1.50
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Feeder Cattle:
January: 219.95… -2.25
March: 222.57… -1.70
April: 226.67… -1.65
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February Lean Hogs: 71.47… +1.37
January Crude Oil: 75.96... -1.90
-
March Corn: 4.8275… +0.0700
March Wheat: 5.9800… +0.1225
-
Grain Cash Bids:
Omaha Corn: 4.67… +0.12
Kansas City Wheat: 5.68… +0.03
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Financial Markets:
DJIA: 35,946.11… +515.29
S & P 500: 4,569.04… +18.43
NASDAQ: 14,569.04… +18.43
U.S. Dollar Index: 103.55… +0.78
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.