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Daily Market Summary for September 17th
Updated Monday thru Friday around 4:00 PM CT
Cattle/Beef Complex Indexes...
10-Day Index Trendline
Change from Previous Day: -0.54%
Change from 10 Days Ago: -5.06%
60-Day Index Trendline
Change from 60 Days Ago: +0.02%
Change from 60 Day High: -9.49%
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.
Slaughter Cattle:
As of 3:00 PM Friday, negotiated cash trading has been mostly inactive with light demand in all feeding regions. Not enough purchases for a market trend in any region. The last reported market in these regions was on Wednesday. In the Texas Panhandle live purchases traded at 124.00. In Kansas live purchases traded from 123.00-124.00. In Nebraska live and dressed purchases traded at 125.00 and 200.00, respectively. In the Western Cornbelt live and dressed purchases traded from 123.00-124.00 and at 200.00, respectively
Negotiated Sales:
Confirmed: 1,862
Week Ago: 2,060
Year Ago: 7,953
Formula Net
Dressed Steers & Heifers:
Head count priced today: 28,100
Weighted avg. weight: 870.00
Weighted avg. net price: 200.67
Cattle Slaughter under Federal Inspection:
Friday (est) 118,000
Week ago (est) 121,000
Year ago (act) 112,000
Week to Date 593,000
Same Period Last Week 486,000
Same Period Last Year 592,000
Thursday
Steers & Heifers: 93,000
Cows & Bulls: 27,000
Boxed Beef:
Cutout Values:
Choice: 314.47… -3.53
Select: 279.75… -0.52
Choice/Select Spread: 34.72
Total Load Count: 155
Cutter Cow Cutout:
235.23… +0.13
CME Feeder Cattle Index for September 16th:
154.60… +0.58 / +0.38%
1 Year Change: +8.74%
52 Week Range: 130.15 to 159.56
Futures Settlements…
Live Cattle:
October: 122.80… -0.80
December: 127.52… -1.05
February: 131.55… -1.10
Feeder Cattle:
September: 154.87… -1.00
October: 156.37… -0.73
November: 156.10… -1.20
October Hogs: 85.72… +0.25
October Crude Oil: 71.97… -0.64
December Corn: 5.2725… -0.0225
December Wheat: 7.0875… -0.0425
Grain Cash Bids:
Omaha Corn: 5.92… -0.02
Kansas City Wheat: 6.77… -0.07
Financial Markets:
DJIA: 34,582.90… -168.22
S & P 500: 4,432.85… -41.05
NASDAQ: 15,043.97… -137.95
U.S. Dollar Index: 93.19… +0.26
