Fed Cattle:
USDA reported on Monday afternoon that negotiated cash trade has been at a standstill in all regions. Last week in the Southern Plains, live FOB purchases traded from 202.00-203.00. Last week in Nebraska and the Western Cornbelt live FOB purchases traded at 206.00 and dressed delivered purchases traded at 325.00.
Negotiated Sales:
Confirmed: 198
Week Ago: 47
Year Ago: 267
Formula Net - Dressed Steers & Heifers:
Head count priced today: 31,500
Weighted avg. weight: 909
Weighted avg. net price: 316.04
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Cattle Slaughter under Federal Inspection:
Monday 114,000
Week Ago 115,000
Year Ago 117,837
Week to Date 114,000
Last Week WTD 115,000
Last Year WTD 117,837
Friday
Steers & Heifers: 78,000
Cows & Bulls: 21,000
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Boxed Beef:
Cutout Values:
Choice: 321.16… +2.89
Select: 307.90… +1.58
Choice/Select Spread: 13.26
Total Load Count: 104
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Cutter Cow Cutout:
297.38… +0.02
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CME Feeder Cattle Index for Friday, March 14th:
283.27… +0.55
52 Week High: 283.27 on 3/14/25
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Futures Settlements:
Live Cattle:
April: 205.02… +1.85
June: 201.07… +1.75
August: 198.95… +2.15
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Feeder Cattle:
March: 284.62… +2.65
April: 284.20… +3.00
May: 285.30… +2.65
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April Lean Hogs: 88.07… +1.45
April Crude Oil: 67.50… +0.32
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May Corn: 4.6100… +0.0250
May Wheat: 5.6850… +0.1150
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Financial Markets:
DJIA: 41,841.70… +353.51
S & P 500: 5,675.14… +36.20
NASDAQ: 17,808.66… +54.57
U.S. Dollar Index: 103.40… +0.32