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Daily Market Summary for February 21st

Updated Monday thru Friday around 4:00 PM CT

Cattle/Beef Market-Strength Indexes

10-Day Index Trendline

Change from Previous Day: -0.57%

Change from 10 Days Ago:  -4.29%

 

 60-Day Index Trendline

Change from 60 Days Ago: +9.23%​

Change from 60 Day High: -12.53%

 
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 Kansas, negotiated cash trade has been mostly inactive on very light demand. In the Texas Panhandle, Nebraska and the Western Cornbelt, negotiated cash trade has been light on light demand. Not enough purchases in any region for a full market trend. The last reported market in the Southern Plains was Thursday with live FOB purchases at 199.00. Thursday in Nebraska, live FOB purchases traded from 199.50-200.00 and dressed delivered purchases traded at 315.00. The last reported market in the Western Cornbelt was last week, with live FOB purchases at 203.00 and dressed delivered purchases traded from 320.00-321.00.
Negotiated Sales:
Confirmed:        9,752
Week Ago:       18,335
Year Ago:          4,786
Formula Net - Dressed Steers & Heifers:
Head count priced today:   35,500
Weighted avg. weight:            900
Weighted avg. net price:    323.60
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Cattle Slaughter under Federal Inspection:
Wednesday           107,000
Week Ago              100,000
Year Ago                118,134
Week to Date        554,000
Last Week WTD     554,000
Last Year WTD       588,846
Tuesday
Steers & Heifers:    96,000
Cows & Bulls:          21,000
-
Boxed Beef:
Cutout Values:
Choice: 310.77… -1.86
Select:  302.56… -0.62
Choice/Select Spread: 8.21
Total Load Count: 174
-
Cutter Cow Cutout:
293.94… +1.30
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CME Feeder Cattle Index for Thursday, February 20th:
278.84… +0.02
52 Week High: 281.68 on 1/30/25
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Futures Settlements:
Live Cattle:  
February: 197.82…+0.20
April: 193.95… +0.15
June: 190.32… +0.35
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Feeder Cattle:
March: 267.95… +1.13
April: 267.55… +1.18
May: 265.92… +0.85
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April Lean Hogs: 87.67… -0.85
March Crude Oil: 70.21… -2.27
-
March Corn: 4.9125… -0.0675
March Wheat: 5.9000… +0.0450
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Financial Markets:
DJIA: 43,428.02… -748.88
S & P 500: 6,013.22… -104.41
NASDAQ: 19,524.01… -438.35
U.S. Dollar Index: 106.63… +0.26
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.