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Daily Market Summary for December 20th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market-Strength Indexes

10-Day Index Trendline

Change from Previous Day: +0.18%

Change from 10 Days Ago: +2.12%

 

 60-Day Index Trendline

Change from 60 Days Ago: +13.24%​

Change from 60 Day High:    -2.67%

 
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.

Thursday Regional Auction Reports

 
Fed Cattle: 
USDA reported at 3:00 PM on Friday in the Texas Panhandle and Kansas, negotiated cash trading has been mostly inactive with very light demand. In the Texas Panhandle last week live FOB purchases traded from 191.00-192.00. Thus far for the week, in Kansas, live FOB purchases have traded steady at 191.00, with a light test. In Nebraska and the Western Cornbelt negotiated cash trading was slow on light to moderate demand. Thus far for the week, in Nebraska, live FOB purchases have traded steady to 0.50 higher from 195.00-195.50 and dressed delivered purchases have traded steady to 5.00 higher at 305.00, with a light test of both live and dressed noted. Thus far for the week, in the Western Cornbelt, live FOB purchases have traded steady to 2.00 higher from 195.00-196.00 and dressed delivered purchases traded steady to 3.00 higher at 305.00.
Negotiated Sales:
Confirmed:     4,466
Week Ago:      4,103
Year Ago:        9,909
Formula Net - Dressed Steers & Heifers:
Head count priced today:  31,500
Weighted avg. weight:            899
Weighted avg. net price:    308.82
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Cattle Slaughter under Federal Inspection
Friday                     117,000
Week Ago               115,000
Year Ago                 118,302
Week to Date         602,000
Last Week WTD     604,000
Last Year WTD       613,503
Thursday
Steers & Heifers:      97,000
Cows & Bulls:           24,000
-
Boxed Beef:
Cutout Values:
Choice: 315.85… -4.84
Select:  285.91… +1.80
Choice/Select Spread: 29.94
Total Load Count: 107
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Cutter Cow Cutout:
255.11… -0.04
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CME Feeder Cattle Index for December 19th:
262.15… -0.08 / -0.03%
1 Year Change: +18.99%
52 Week Range: 215.98 to 263.07
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Futures Settlements:
Live Cattle:  
December: 191.32… +0.97
February: 188.40… +1.85
April: 190.12… +1.52
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Feeder Cattle:
January: 255.60… +1.13
March: 255.82… +1.25
April: 256.75… +1.30
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February Lean Hogs: 85.92… +2.30
January Crude Oil: 69.51… +0.13
-
February Corn: 4.4625… +0.0550
February Wheat: 5.3300… Unchanged
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Grain Cash Bids:
Omaha Corn: 4.31… +0.06
Kansas City Wheat: 5.06… +0.02
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Financial Markets:
DJIA: 42,839.46… +497.22
S & P 500: 5,930.99… +63.91
NASDAQ: 19,572.60… +199.83
U.S. Dollar Index: 107.78… +0.63
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.