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Daily Market Summary for June 24th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market-Strength Indexes

10-Day Index Trendline


Change from Previous Day: +0.73%

Change from 10 Days Ago:  -1.29%

 

 60-Day Index Trendline

Change from 60 Days Ago: +22.15%​

Change from 60 Day High:   -2.43%

 
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

 

Fed Cattle: 
USDA reported on Tuesday afternoon that negotiated cash trade has been limited on light demand in Nebraska, but not enough for an adequate market test. The last established market test in Nebraska was last week with live purchases ranging from 235.00-237.00 and dressed purchases at 376.00. In all other feeding regions, negotiated cash trade has been inactive on light demand. The last established market test in the Texas Panhandle was last week at 228.00. The last established market test in Kansas was last week at 228.00. The last established market test in the Western Cornbelt was last week with live purchases from 235.00-238.00 and dressed purchases at 376.00.
Negotiated Sales:
Confirmed:         1,342
Week Ago:             298
Year Ago:            1,842
Formula Net - Dressed Steers & Heifers:
Head count priced today:   34,400
Weighted avg. weight:              904
Weighted avg. net price:     380.90
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Cattle Slaughter under Federal Inspection:
Tuesday                  118,000
Week Ago                118,000
Year Ago                  121,797
Week to Date          229,000
Last Week WTD      221,000
Last Year WTD        235,089
Monday
Steers & Heifers:      95,000
Cows & Bulls:            16,000
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Boxed Beef:
Cutout Values:
Choice: 394.25… +4.03
Select:  382.41… -0.69
Choice/Select Spread: 11.84
Total Load Count: 78
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Cutter Cow Cutout:
310.67… +0.64
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CME Feeder Cattle Index for Monday, June 23rd:
310.22… -0.52
52 Week High: 317.10 on 6/12/25
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Futures Settlements:
Live Cattle:
June: 221.60… -0.70
August: 209.55… +0.18
October: 206.95… -0.15
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Feeder Cattle:
August: 302.25… -0.55
September: 302.45… -0.17
October: 300.65… -0.20
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August Lean Hogs: 110.95… -2.10
August Crude Oil: 64.95… -3.56
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September Corn: 4.1225… -0.0525
September Wheat: 5.5200… -0.1750
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Financial Markets:
DJIA: 43,089.61… +507.83
S & P 500: 6,092.27… +67.02
NASDAQ: 19,912.53… +281.56
U.S. Dollar Index: 97.92… -0.50

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.