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Daily Market Summary for November 29th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Complex Indexes...

10-Day Index Trendline

Change from Previous Day: +0.56%

Change from 10 Days Ago: +2.00%

    

 60-Day Index Trendline

Change from 60 Days Ago: +5.55%​

Change from 60 Day High:  -1.32%

 
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

 

Slaughter Cattle:
As of 3:00 PM Tuesday, 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 on very light demand. Not enough purchases for a market trend. The prior week was the last reported market in all regions. In the Texas Panhandle live purchases traded from 154.00-155.00. In Kanas live purchases traded at 155.00. In Nebraska live and dressed purchases traded from 157.00-158.00 and at 245.00, respectively. In the Western Cornbelt live and dressed purchases traded from 155.00-157.00 and at 245.00, respectively.
Negotiated Sales:
Confirmed:           130
Week Ago:            239
Year Ago:            3,792
Formula Net - Dressed Steers & Heifers:
Head count priced today:   24,000
Weighted avg. weight:         883.00
Weighted avg. net price:     249.69
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Cattle Slaughter under Federal Inspection
Tuesday (est)                       128,000
Week ago (est)                     129,000
Year ago (act)                       124,000
Week to Date                       256,000
Same Period Last Week     257,000
Same Period Last Year       245,000
Monday:
Steers & Heifers:          101,000
Cows & Bulls:                  27,000
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Boxed Beef:
Cutout Values:
Choice: 254.74… +0.21
Select:  225.82… -2.71
Choice/Select Spread: 28.92
Total Load Count: 152
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Cutter Cow Cutout:
189.81… -0.14
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CME Feeder Cattle Index for November 28th:
178.85… +1.66 / +0.94%
1 Year Change: +10.09%
52 Week Range: 152.31 to 183.16
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Futures Settlements…
Live Cattle:
December: 152.67… +0.10
February: 154.80… +0.13
April: 158.57… +0.12
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Feeder Cattle:
January: 178.00… +1.13
March: 181.17… +0.57
April: 184.50… +0.10
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February Hogs: 84.15… -0.60
January Crude Oil: 78.20… +0.96
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March Corn: 6.6950… -0.0175
March Wheat: 7.8150… +0.0075
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Grain Cash Bids:
Omaha Corn: 7.21… -0.04
Kansas City Wheat: 8.37… -0.08
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Financial Markets:
DJIA: 33,850.48… +0.82
S & P 500: 3,957.43… -6.59
NASDAQ: 10,984.69… -64.81
U.S. Dollar Index: 106.85… +0.17

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.