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Daily Market Summary for April 30th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market-Strength Indexes

10-Day Index Trendline

Change from Previous Day: +1.33%

Change from 10 Days Ago:  +4.04%

 

 60-Day Index Trendline

Change from 60 Days Ago: +14.78%​

Change from 60 Day High:    0.00%

 
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.

Wednesday 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 major feeding regions. The last established market in the Texas Panhandle was Wednesday with live purchases at 256.00. The last established market in Kansas was Wednesday with live purchases at 256.00. The last established market in Nebraska was Wednesday with live purchases at 257.00 and dressed purchases at 400.00. The last established market in the Western Cornbelt was Wednesday with live purchases from mostly 255.00-257.00 and dressed purchases at 400.00.
Negotiated Sales:
Confirmed:          1,551
Week Ago:         24,181
Year Ago:           12,811
Formula Net - Dressed Steers & Heifers:
Head count priced today: 22,400
Weighted avg. weight:            947
Weighted avg. net price:   390.45
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Cattle Slaughter under Federal Inspection:
Thursday                    110,000
Week Ago                   106,000
Year Ago                     120,298
Week to Date             434,000
Last Week WTD         425,000
Last Year WTD           466,454
Wednesday
Steers & Heifers:        90,000
Cows & Bulls:              19,000
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Boxed Beef:
Cutout Values:
Choice: 389.52… +1.47
Select: 388.17… +1.92
Choice/Select Spread: 1.35
Total Load Count: 118
-
Cutter Cow Cutout:
356.67… -0.28
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CME Feeder Cattle Index for Wednesday, April 29th:
Posted daily by CME for the prior business day
372.47… +2.67
*Historical High: 4/15/26 @ 379.09
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Futures Settlements:
Live Cattle:
April: 258.47… +1.60
June: 254.00… -1.25
August: 248.67… -1.05
-
Feeder Cattle:
April: 373.75… +1.48
May: 372.65… +1.15
August: 373.52… +1.00
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June Lean Hogs: 102.27… -1.48
June Crude Oil as of 3.00 PM CT: 105.33… -1.55
-
July Corn: 4.7475… -0.0300
July Wheat: 6.3675… -0.1625
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Financial Markets:
DJIA: 49,651.95… +789.77
S & P 500: 7,209.01… +72.81
NASDAQ: 24,892.31… +219.07
U.S. Dollar Index: 98.06… -0.90

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.