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Daily Market Summary for March 10th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market-Strength Indexes

10-Day Index Trendline

Change from Previous Day: +2.05%

Change from 10 Days Ago:  -5.10%

 

 60-Day Index Trendline

Change from 60 Days Ago: +7.21%​

Change from 60 Day High:   -5.67%

 
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.

Monday Regional Auction Reports

 

Fed Cattle:
USDA reported on Tuesday afternoon that negotiated cash trade has been limited on moderate demand in Nebraska. There have been a few early dressed purchases at 372.00, but not enough for an adequate market test. The last established market test in Nebraska was last week with live purchases at 240.00 and dressed purchases at 380.00. Negotiated cash trade has been mostly inactive on light demand in all other major feeding regions. The last established market test in the Texas Panhandle was last week with live purchases at mostly 240.00. The last established market test in Kansas was last week with live purchases at mostly 240.00. The last established market test in the Western Cornbelt was last week with live purchases at 240.00 and dressed purchases at 380.00.
Negotiated Sales:
Confirmed:     2,832
Week Ago:      None
Year Ago:        None
Formula Net - Dressed Steers & Heifers:
Head count priced today: 22,000
Weighted avg. weight:            960
Weighted avg. net price:   388.79
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Cattle Slaughter under Federal Inspection:
Tuesday                      108,000
Week Ago                    109,000
Year Ago                     124,067
Week to Date             211,000
Last Week WTD         211,000
Last Year WTD           239,002
Monday
Steers & Heifers:         87,000
Cows & Bulls:              16,000
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Boxed Beef:
Cutout Values:
Choice: 394.67… +3.38
Select: 386.77… +3.15
Choice/Select Spread: 7.90
Total Load Count: 94
-
Cutter Cow Cutout:
334.86… +0.22
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CME Feeder Cattle Index for Monday, March 9th:
Posted daily by CME for the prior business day
365.77… -0.62
Historical High: 2/19/26 @ 377.37
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Futures Settlements: Friday Closes
Live Cattle:
April: 232.37… +2.22
June: 230.20… +2.78
August: 228.35… +2.78
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Feeder Cattle:
January: 353.35… +2.70
March: 349.67… +3.12
April: 346.40… 3.53
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May Lean Hogs: 101.35… +0.98
April WTI Crude Oil: 86.98… -7.79
-
May Corn: 4.5225… -0.0150
May Wheat: 5.9100… +0.1225
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Financial Markets:
DJIA: 47,706.57… -34.38
S & P 500: 6,781.53… -14.36
NASDAQ: 22,697.10… +1.15
U.S. Dollar Index: 98.90… -0.28
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.