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Daily Market Summary for January 21st

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market-Strength Indexes

10-Day Index Trendline

Change from Previous Day: +0.27%

Change from 10 Days Ago: +5.30%

 

 60-Day Index Trendline

Change from 60 Days Ago: +28.71%​

Change from 60 Day High:   -1.13%

 
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 in the Texas Panhandle, Nebraska and the Western Cornbelt, negotiated cash trading has been mostly inactive on very light demand. The most recent reported market in these regions was last week. In the Texas Panhandle live FOB purchases traded at 201.00. In Nebraska, live FOB and dressed delivered purchases traded from 203.00-205.00 and at 322.00, respectively. In the Western Cornbelt, live FOB and dressed purchases traded from 203.00-206.00 and from 320.00-322.00, respectively. In Kansas, negotiated cash trading has been light on light demand. Thus far for the week, live FOB purchases have traded steady to last week at 201.00, on a light test.
Negotiated Sales:
Confirmed:     2,305
Week Ago:         382
Year Ago:           456
Formula Net - Dressed Steers & Heifers:
Head count priced today:  26,800
Weighted avg. weight:             917
Weighted avg. net price:    325.36
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Cattle Slaughter under Federal Inspection:
Tuesday                   124,000
Week Ago                125,000
Year Ago                  124,773
Week to Date          239,000
Last Week WTD      242,000
Last Year WTD        236,596
Monday
Steers & Heifers:      92,000
Cows & Bulls:           23,000
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Boxed Beef:
Cutout Values:
Choice: 332.05… -1.11
Select:  319.55… +0.11
Choice/Select Spread: 12.50
Total Load Count: 152
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Cutter Cow Cutout:
277.63… +0.55
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CME Feeder Cattle Index for January 17th:
278.02… +0.96
52 Week High: 278.55 on 1/9/25
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Futures Settlements:
Live Cattle:  
February: 197.05… +0.30
April: 197.32… -0.18
June: 192.65… +0.45
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Feeder Cattle:
January: 274.40… +0.90
March: 267.25… -0.80
April: 266.47… -1.65
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February Lean Hogs: 81.20… +0.08
February Crude Oil: 76.09… -1.79
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February Corn: 4.9000… +0.0575
February Wheat: 5.5875… +0.2000
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Financial Markets:
DJIA: 44,026.30… +538.87
S & P 500: 6,049.30… +52.60
NASDAQ: 19,756.78… +126.58
U.S. Dollar Index: 108.06… -1.29
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.