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Daily Market Summary for April 3rd

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market-Strength Indexes

10-Day Index Trendline

Change from Previous Day: +0.51%

Change from 10 Days Ago:  +9.26%

 

 60-Day Index Trendline

Change from 60 Days Ago: +4.56%​

Change from 60 Day High:    0.00%

 
Indexes track daily market values for the past 10 & 60 days.
Each daily value is the weighted total of the Gain/(Loss) for
major market factors compared to the previous trading day.

Thursday Regional Auction Reports

 

Fed Cattle:
USDA reported on Friday afternoon that negotiated cash trade has been mostly inactive on moderate demand in the Southern Plains. The last established market test in the Texas Panhandle was Thursday with live purchases at 245.00. The last established market test in Kansas was Thursday with live purchases at 245.00. Negotiated cash trade has been limited on moderate demand in Nebraska and the Western Cornbelt. The last established market test in Nebraska was Thursday with live purchases at mostly 245.00 and dressed purchases at 385.00. The last established market test in the Western Cornbelt was Thursday with live purchases at mostly 245.00 and dressed purchases at mostly 385.00.
Negotiated Sales:
Confirmed:        3,435
Week Ago:         4,821
Year Ago:         30,442
Formula Net - Dressed Steers & Heifers:
Head count priced today: 25,000
Weighted avg. weight:           938
Weighted avg. net price:  375.13
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Cattle Slaughter under Federal Inspection:
Friday                           96,000
Week Ago                     92,000
Year Ago                     109,114
Week to Date             525,000
Last Week WTD         504,000
Last Year WTD           577,746
Thursday
Steers & Heifers:        85,000
Cows & Bulls:              20,000
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Boxed Beef:
Cutout Values:
Choice: 387.78… -1.80
Select: 386.19… -1.51
Choice/Select Spread: 1.59
Total Load Count: 102
-
Cutter Cow Cutout:
350.93… +1.12
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CME Feeder Cattle Index for Wednesday, April 1st:
Posted daily by CME for the prior business day
366.81
Historical High: 2/19/26 @ 377.37
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Futures Settlements: Thursday Closes
Live Cattle:
April: 246.20
June: 246.32
August: 242.17
-
Feeder Cattle:
April: 372.90
May: 370.82
August: 369.50
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June Lean Hogs: 104.47
May Crude Oil as of 3.00 PM CT: 111.47
-
May Corn: 4.5225
May Wheat: 5.9825
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Financial Markets: Thursday Closes
DJIA: 46,504.73
S & P 500: 6,582.67
NASDAQ: 21,879.18
U.S. Dollar Index: 100.05
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.