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Daily Market Summary for October 10th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market-Strength Indexes

10-Day Index Trendline

Change from Previous Day: +1.70%

Change from 10 Days Ago:  +4.58%

 

 60-Day Index Trendline

Change from 60 Days Ago:  +10.20%​

Change from 60 Day High:   -4.96%

 
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 negotiated cash trade has been moderate on moderate demand in Nebraska and the Western Cornbelt. Compared to last week in Nebraska, live purchases have been 4.00-5.00 higher from 234.00-235.00 and dressed purchases have been 2.00 higher at 362.00. Compared to Thursday in the Western Cornbelt, live purchases have been 1.00-4.00 higher from 232.00-235.00. There have been a few dressed purchases at 362.00, but not enough for an adequate market test. The last established dressed market in the Western Cornbelt was last week at 360.00. Negotiated cash trade was mostly inactive on moderate demand in the Southern Plains. The last established market in the Texas Panhandle was last week at 233.00. The last established market in Kansas was last week at 232.00-233.00, mostly 233.00.
Negotiated Sales:
Confirmed:  23,632
Week Ago:     2,322
Year Ago:      5,447
Formula Net - Dressed Steers & Heifers:
Head count priced today: 25,600
Weighted avg. weight:          939
Weighted avg. net price:  370.87
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Cattle Slaughter under Federal Inspection:
Friday                        91,000
Week Ago                  91,000
Year Ago                   104,790
Week to Date          537,000
Last Week WTD      549,000
Last Year WTD        580,597
Thursday
Steers & Heifers:      89,000
Cows & Bulls:            22,000
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Boxed Beef:
Cutout Values:
Choice: 365.57… +0.35
Select:  346.39… +2.06
Choice/Select Spread: 19.98
Total Load Count: 124
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Cutter Cow Cutout:
335.21… +4.74
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CME Feeder Cattle Index for Thursday, October 9th:
Posted daily by CME with a lag of one business day
367.92… +0.57
Historical High: 367.92 on 10/9/25
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Futures Settlements:
Live Cattle:
October: 238.47… +3.45
December: 242.52… +2.62
February: 245.40… +2.00
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Feeder Cattle:
October: 375.50… +1.48
November: 375.90… +1.85
January: 371.95… +2.90
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December Lean Hogs: 84.02… -0.33
November Crude Oil: 58.84… -2.57
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December Corn: 4.1300… -0.0525
December Wheat: 4.9850… -0.0800
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Financial Markets:
DJIA: 45,479.60… -879.07
S & P 500: 6,552.50… -182.61
NASDAQ: 22,204.43… -820.20
U.S. Dollar Index: 98.94… -0.60
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.