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Daily Market Summary for April 10th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market-Strength Indexes

10-Day Index Trendline

Change from Previous Day: +1.19%

Change from 10 Days Ago:  +7.43%

 

 60-Day Index Trendline

Change from 60 Days Ago: +6.72%​

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.

Friday/Saturday Regional Auction Reports

 

Fed Cattle:
USDA reported on Friday afternoon that trade was limited on moderate demand in Nebraska and the Western Cornbelt with a few early purchases at 250.00 however not enough for an adequate market test. The last established market test in Nebraska was last week with live purchases at mostly 245.00 and dressed purchases at 385.00. The last established market test in the Western Cornbelt was last week with live purchases at mostly 245.00 and dressed purchases at mostly 385.00. Trade was inactive on moderate demand in the Southern Plains. The last established market test in the Texas Panhandle was Wednesday with live purchases at mostly 246.00. The last established market test in Kansas was last week with live purchases from 245.00-246.00, mostly 246.00.
Negotiated Sales:
Confirmed:     3,546
Week Ago:      3,435
Year Ago:        5,623
Formula Net - Dressed Steers & Heifers:
Head count priced today: 23,400
Weighted avg. weight:           950
Weighted avg. net price:  389.14
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Cattle Slaughter under Federal Inspection:
Friday                           83,000
Week Ago                     96,000
Year Ago                       94,976
Week to Date             508,000
Last Week WTD         525,000
Last Year WTD           558,926
Thursday
Steers & Heifers:        84,000
Cows & Bulls:              21,000
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Boxed Beef:
Cutout Values:
Choice: 380.90… -0.19
Select: 381.34… -0.23
Choice/Select Spread: (0.44)
Total Load Count: 84
-
Cutter Cow Cutout:
346.83… -6.48
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CME Feeder Cattle Index for Thursday, April 9th:
Posted daily by CME for the prior business day
366.67… +2.57
Historical High: 2/19/26 @ 377.37
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Futures Settlements:
Live Cattle:
April: 251.77… +2.00
June: 249.20… +2.00
August: 244.75… +1.40
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Feeder Cattle:
April: 374.15… +1.63
May: 372.35… +1.93
August: 372.45… +2.33
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June Lean Hogs: 103.72… -0.40
May Crude Oil as of 3.00 PM CT: 96.28… -1.59
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May Corn: 4.4100… -0.0300
May Wheat: 5.7100… -0.0350
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Financial Markets: Thursday Closes
DJIA: 47,916.33… -269.47
S & P 500: 6,816.61… -8.04
NASDAQ: 22,902.89… +80.47
U.S. Dollar Index: 98.68… -0.14
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.