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Daily Market Summary for April 17th

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market-Strength Indexes

10-Day Index Trendline

Change from Previous Day: +6.98%

Change from 10 Days Ago:  +10.64%

 

 60-Day Index Trendline

Change from 60 Days Ago: +27.75%​

Change from 60 Day High: -3.16%

 
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.

Wednesday Regional Auction Reports

 

Fed Cattle: 
USDA reported on Thursday afternoon that negotiated cash trade and demand have been moderate. Compared to last week, live FOB purchases traded 4.00 higher at 208.00. In Kansas, Nebraska and the Western Cornbelt, negotiated cash trade has been limited on light- moderate demand. Not enough purchases for a full market trend. Last week in Kansas, live FOB purchases traded at 204.00. For the prior week in Nebraska and the Western Cornbelt, live FOB purchases traded at 208.00 and dressed delivered purchases from 327.00-328.00.
Negotiated Sales:
Confirmed:  12,960
Week Ago:   13,579
Year Ago:     26,475
Formula Net - Dressed Steers & Heifers:
Head count priced today:   35,000
Weighted avg. weight:              914
Weighted avg. net price:     330.23
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Cattle Slaughter under Federal Inspection:
Thursday                 120,000
Week Ago                114,000
Year Ago                  118,157
Week to Date         477,000
Last Week WTD      463,000
Last Year WTD        486,297
Wednesday
Steers & Heifers:    101,000
Cows & Bulls:            22,000
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Boxed Beef:
Cutout Values:
Choice: 332.90… -0.63
Select:  316.39… +2.00
Choice/Select Spread: 16.51
Total Load Count: 143
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Cutter Cow Cutout:
292.53… -2.28
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CME Feeder Cattle Index for Wednesday, April 16th:
293.57… +5.54
52 Week High: 293.57 on 4/17/25
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Futures Settlements:
Live Cattle:  
April: 209.82… +2.75
June: 204.07… +2.00
August: 200.12… +1.17
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Feeder Cattle:
April: 293.35… +3.40
May: 286.85… +2.45
August: 290.87… +1.42
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June Lean Hogs: 98.02… +0.07
May Crude Oil: 64.28… +1.81
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July Corn: 4.9025… -0.0150
July Wheat: 5.6225… +0.0125
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Financial Markets:
DJIA: 39,141.99… -527.40
S & P 500: 5,282.64… +6.93
NASDAQ: 16,286.45… -20.71
U.S. Dollar Index: 99.39… +0.01
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.