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Daily Market Summary for January 14th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market-Strength Indexes

10-Day Index Trendline

Change from Previous Day: +1.04%

Change from 10 Days Ago: +12.21%

 

 60-Day Index Trendline

Change from 60 Days Ago: +31.01%​

Change from 60 Day High:    -0.18%

 
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.

Monday Regional Auction Reports

 
Fed Cattle: 
USDA reported Tuesday afternoon that negotiated cash trading has been mostly inactive on very light demand in all trading regions. Not enough purchases in any region for a market trend. Last week in the Texas Panhandle live FOB purchases traded at 200.00 and in Kansas, live FOB purchases traded from 200.00-201.00. For the prior week in Nebraska, live FOB purchases traded at 203.00 and dressed delivered purchases traded at 320.00. Last in the Western Cornbelt, live FOB and dressed delivered purchases traded at 200.00-205.00 and 320, respectively.
Negotiated Sales:
Confirmed:   382
Week Ago:   348
Year Ago:       67
Formula Net - Dressed Steers & Heifers:
Head count priced today:  30,500
Weighted avg. weight:            936
Weighted avg. net price:    319.03
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Cattle Slaughter under Federal Inspection:
Tuesday                  125,000
Week Ago                126,000
Year Ago                  108,214
Week to Date          242,000
Last Week WTD      235,000
Last Year WTD        216,356
Monday
Steers & Heifers:       97,000
Cows & Bulls:             20,000
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Boxed Beef:
Cutout Values:
Choice: 332.98… -0.37
Select:  318.71… +1.14
Choice/Select Spread: 14.27
Total Load Count: 155
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Cutter Cow Cutout:
274.35… +3.88
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CME Feeder Cattle Index for January 13th:
278.31… +1.01
52 Week High: 278.55 – 1/9/25
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Futures Settlements:
Live Cattle:  
February: 197.40… Unchanged
April: 198.15… -0.05
June: 192.20… -0.32
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Feeder Cattle:
January: 274.10… +2.25
March: 268.20… +0.30
April: 268.55… +0.23
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February Lean Hogs: 83.62... +0.45
February Crude Oil: 77.79… -1.03
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February Corn: 4.7450… -0.0200
February Wheat: 5.4625… +0.0125
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Financial Markets:
DJIA: 42,517.79… +220.86
S & P 500: 5,842.88… +6.64
NASDAQ: 19,044.39… -43.71
U.S. Dollar Index: 109.23… -0.73
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.