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Daily Market Summary for March 20th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Complex Indexes...

10-Day Index Trendline

Change from Previous Day: -0.33%

Change from 10 Days Ago:  -4.36%

 

 60-Day Index Trendline

Change from 60 Days Ago: +12.95%​

Change from 60 Day High:   -5.07%

 
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:
As of 3:00 PM Monday, negotiated cash trading has been at a standstill in the Southern Plains and Nebraska. In the Western Cornbelt negotiated cash trading has been mostly inactive with very light demand. Not enough purchases for a market trend. The latest established market was last week in all regions. In the Southern Plains and Nebraska live purchases traded at 164.00, and dressed purchases, in Nebraska, traded at 264.00. In the Western Cornbelt live and dressed purchases traded from 164.00-165.00 and at 264.00, respectively.
Negotiated Sales:
Confirmed:            140
Week Ago:             245
Year Ago:               207
Formula Net - Dressed Steers & Heifers:
Head count priced today:   41,200
Weighted avg. weight:         852.00
Weighted avg. net price:     265.79
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Cattle Slaughter under Federal Inspection
Monday             125,000
Week Ago          125,000
Year Ago            117,000
Friday
Steers & Heifers:    86,000
Cows & Bulls:          27,000
-
Boxed Beef:
Cutout Values:
Choice: 281.02… -2.33
Select:  273.94… +1.50
Choice/Select Spread: 7.08
Total Load Count: 107
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Cutter Cow Cutout:
211.26… -4.69
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CME Feeder Cattle Index for March 17th:
188.01… +0.14 / +0.07%
1 Year Change: +21.35%
52 Week Range: 152.31 to 189.77
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Futures Settlements…
Live Cattle:
April: 162.02… -0.30
June: 155.52… -0.88
August: 155.75… -0.62
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Feeder Cattle:
March: 188.20… -0.65
April: 194.62… -0.03
May: 199.15… -0.80
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April Lean Hogs: 77.77… -2.10
April Crude Oil: 67.64… +0.90
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May Corn: 6.3300… -0.0150
May Wheat: 7.0075… -0.0975
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Grain Cash Bids:
Omaha Corn: 6.68… -0.02
Kansas City Wheat: 6.75… -0.15
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Financial Markets:
DJIA: 32,244.64… +385.75
S & P 500: 3,951.55… +34.93
NASDAQ: 11,675.54… +45.03
U.S. Dollar Index: 103.32… -0.39
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.