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Daily Market Summary for March 28th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market-Strength Indexes

10-Day Index Trendline

Change from Previous Day: -3.84%

Change from 10 Days Ago:  +17.29%

 

 60-Day Index Trendline

Change from 60 Days Ago: +17.01%​

Change from 60 Day High:  -3.84%

 
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 on Friday afternoon that in the Texas Panhandle, negotiated cash trade has been mostly inactive on light demand. In Kansas and the Western Cornbelt, negotiated cash trade has been light on moderate demand. A few live FOB purchases in Kansas traded at 209.00. Last week in the Southern Plains live FOB purchases traded at 210.00. Last week in the Western Cornbelt, live FOB purchases traded from 212.00-215.00 and dressed delivered purchases traded at 335.00. Negotiated cash trade in Nebraska has been light on moderate to good demand. Compared to last week, on a light test, dressed delivered purchases traded steady to 10.00 higher from 335.00-345.00. A few live FOB purchases traded at 213, however, not enough for a full market trend. Last week in Nebraska, live FOB purchases traded from 212.00-215.00.
Negotiated Sales:
Confirmed:   15,462
Week Ago:    46,801
Year Ago:      22,326
Formula Net - Dressed Steers & Heifers:
Head count priced today:   39,800
Weighted avg. weight:              884
Weighted avg. net price:     335.59
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Cattle Slaughter under Federal Inspection:
Friday                      107,000
Week Ago                100,000
Year Ago                    96,918
Week to Date         592,000
Last Week WTD      540,000
Last Year WTD        577,154
Wednesday
Steers & Heifers:       97,000
Cows & Bulls:             22,000
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Boxed Beef:
Cutout Values:
Choice: 332.82… -2.90
Select:  318.68… -0.76
Choice/Select Spread: 14.14
Total Load Count: 133
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Cutter Cow Cutout:
297.50… +0.15
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CME Feeder Cattle Index for Thursday, March 27th:
287.62… -0.05
52 Week High: 287.78 on 3/20/25
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Futures Settlements:
Live Cattle:  
April: 208.82… -0.73
June: 204.85… -0.95
August: 201.00… -8.80
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Feeder Cattle:
April: 286.92… -0.63
May: 285.17… -1.35
August: 289.67… -0.98
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April Lean Hogs: 86.70… -0.32
May Crude Oil: 69.12… -0.80
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May Corn: 4.5325… +0.0325
May Wheat: 5.2825… -0.0375
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Financial Markets:
DJIA: 41,583.59… -715.80
S & P 500: 5,580.91… -112.30
NASDAQ: 17,322.99… -481.04
U.S. Dollar Index: 104.03… -0.31
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.