Daily Market Summary for December 27th

NO Auction Reports this week.

 

USDA reported on Friday afternoon that in the Southern Plains, negotiated cash trade has been light to moderate with moderate demand. Compared to last week live FOB purchases traded 1.00-2.00 higher from 192.00-193.00. In Nebraska and Western Cornbelt negotiated cash trading has been light on light demand. In Nebraska, a few dressed delivered purchases traded at 307.00. In the Western Cornbelt, a few live FOB purchases traded at 196.00. However, not enough purchases in either region for a full market trend. For the prior week in Nebraska and the Western Cornbelt, live FOB purchases traded from 195.00-195.50 and 195.00-196.00, respectively. Dressed delivered purchases in Nebraska and the Western Cornbelt traded at 305.00.

Confirmed: 16,241

Week Ago:   4,466

Year Ago:     9,959

Head count priced today:  38,700

Weighted avg. weight:             930

Weighted avg. net price:   311.04

Friday                      123,000

Week Ago                117,000

Year Ago                  123,683

Week to Date          398,000

Last Week WTD      602,000

Last Year WTD        465,189

Steers & Heifers:       96,000

Cows & Bulls:             23,000

Choice: 322.38… +1.99

Select:  291.13… +2.36

Choice/Select Spread: 31.25

Total Load Count: 87

258.70… +2.34

258.32… -2.45 / -0.94%

1 Year Change: +17.15%

52 Week Range: 215.98 to 263.07

December: 193.50… +0.73

February: 190.65… +0.55

April: 193.35… +0.75

January: 261.37… +2.07

March: 260.55… +1.05

April: 261.05… +1.03

February Lean Hogs: 84.15… -0.05

February Crude Oil: 70.19… +0.57

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February Corn: 4.5400… +0.0025

February Wheat: 5.4650… +0.0550

Omaha Corn: 4.47… -0.01

Kansas City Wheat: 5.17… +0.04

DJIA: 42,992.39… -333.41

S & P 500: 5,970.95… -66.62

NASDAQ: 19,722.03… -298.33

U.S. Dollar Index: 108.02… -0.11