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Daily Market Summary for August 9th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Complex Indexes...

10-Day Index Trendline

Change from Previous Day: -1.31%

Change from 10 Days Ago: +1.85%

    

 60-Day Index Trendline

Change from 60 Days Ago: +10.24%​

Change from 60 Day High:  -1.31%

 
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.

Tuesday Regional Auction Reports

 

Slaughter Cattle:
As of 3:00 PM Tuesday in the Southern Plains, negotiated cash trading has been at a standstill. In Nebraska and Western Cornbelt negotiated cash trading has been mostly inactive on light demand. Not enough purchases for a market trend in any region. Last week in the Texas Panhandle live purchases traded from 135.00-136.00. In Kansas last week live purchases traded at 136.00. For the prior week in Nebraska live and dressed purchases traded from 140.00-143.00 and at 227.00, respectively. For the previous week in the Western Cornbelt live purchases ranged from 141.00- 147.00 and dressed purchases ranged from 225.00-232.00.
Negotiated Sales:
Confirmed:               861
Week Ago:             2,741
Year Ago:                  500
Formula Net - Dressed Steers & Heifers:
Head count priced today:   30,900
Weighted avg. weight:         854.00
Weighted avg. net price:     221.06
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Cattle Slaughter under Federal Inspection
Tuesday (est)                       126,000
Week ago (est)                     124,000
Year ago (act)                       118,000
Week to Date                       245,000
Same Period Last Week     248,000
Same Period Last Year       231,000
Monday:
Steers & Heifers:  93,000
Cows & Bulls:        26,000
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Boxed Beef:
Cutout Values:
Choice: 264.73… -1.51
Select:  237.70… -1.16
Choice/Select Spread: 27.03
Total Load Count: 154
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Cutter Cow Cutout:
213.25… -1.40
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CME Feeder Cattle Index for August 8th:
176.40… +1.09 / +0.62%
1 Year Change: +12.84%
52 Week Range: 152.31 to 176.40
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Futures Settlements…
Live Cattle:
August: 137.97… -0.38
October: 143.17… -1.05
December: 149.65… -0.80
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Feeder Cattle:
August: 178.00… -3.27
September: 182.50… -3.15
October: 185.57… -2.13
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September Hogs: 99.60… -0.70
September Crude Oil: 90.50… -0.26
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September Corn: 6.1550… +0.07
September Wheat: 7.8150… -0.0175
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Grain Cash Bids:
Omaha Corn: 7.18… +0.08
Kansas City Wheat: 8.07… +0.03
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Financial Markets:
DJIA: 32,776.25… -56.29
S & P 500: 4,122.76… -17.30
NASDAQ: 12,494.54… -149.91
U.S. Dollar Index: 106.44… -0.08
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.