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Daily Market Summary for January 26th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Complex Indexes...

10-Day Index Trendline

Change from Previous Day: +0.21%

Change from 10 Days Ago: -3.13%

    

 60-Day Index Trendline

Change from 60 Days Ago: -4.73%​

Change from 60 Day High: -5.16%

 
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 Wednesday in the Texas Panhandle, negotiated cash trading has been slow on light demand. Compared to last week live purchases traded steady at 137.00. In Kansas negotiated cash trading has been slow with moderate demand. Compared to last week live purchases ranged from 136.00-137.00, mostly 1.00 lower at 136.00. Thus far for Wednesday in Nebraska and Western Cornbelt negotiated cash trading has been limited on light demand. In Nebraska not enough purchases for a market trend, Tuesday was the last reported live and dressed purchase market at 137.00 and 218.00, respectively. In the Western Cornbelt thus far for the week live purchases have traded steady to 2.00 lower at 137.00 and dressed purchases have traded steady at 218.00.
Negotiated Sales:
Confirmed:       19,257
Week Ago:        10,076
Year Ago:            1,467
Formula Net - Dressed Steers & Heifers:
Head count priced today:   22,100
Weighted avg. weight:        895.00
Weighted avg. net price:     223.57
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Cattle Slaughter under Federal Inspection:
Wednesday (est)                 118,000
Week ago (est)                     115,000
Year ago (act)                       120,000
Week to Date                       351,000
Same Period Last Week     345,000
Same Period Last Year       353,000
Tuesday
Steers & Heifers:  90,000
Cows & Bulls:        28,000
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Boxed Beef:
Cutout Values:
Choice: 289.46… -2.92
Select:  279.72… -3.60
Choice/Select Spread: 9.74
Total Load Count: 132
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Cutter Cow Cutout:
229.53… +0.90
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CME Feeder Cattle Index for January 25th:
159.50… -0.27 / -0.17%
1 Year Change: +18.30%
52 Week Range: 130.15 to 165.35
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Futures Settlements…
Live Cattle:
February: 138.05… +0.95
April: 141.90… +1.80
June: 137.05… +1.63
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Feeder Cattle:
January: 158.72… +0.17
March: 160.80… +0.95
April: 166.20… +0.93
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February Hogs: 88.02… +0.57
March Crude Oil: 87.35… +1.75
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March Corn: 6.2700… +0.0700
March Wheat: 7.9500… -0.2300
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Grain Cash Bids:
Omaha Corn: 6.22… +0.07
Kansas City Wheat: 7.86… -0.19
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Financial Markets:
DJIA: 34,166.84… -132.57
S & P 500: 4,349.78… -6.79
NASDAQ: 13,542.12… -3.50
U.S. Dollar Index: 96.49… +0.54

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.