Fed Cattle:
USDA reported on Thursday afternoon that negotiated cash trade has been at a standstill. 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: 173
Week Ago: 244
Year Ago: 13,602
Formula Net - Dressed Steers & Heifers:
Head count priced today: 31,100
Weighted avg. weight: 925
Weighted avg. net price: 325.23
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Cattle Slaughter under Federal Inspection:
Thursday 114,000
Week Ago 121,000
Year Ago 115,773
Week to Date 440,000
Last Week WTD 483,000
Last Year WTD 470,673
Tuesday
Steers & Heifers: 68,000
Cows & Bulls: 23,000
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Boxed Beef:
Cutout Values:
Choice: 329.95… +0.34
Select: 310.42… +1.74
Choice/Select Spread: 19.53
Total Load Count: 108
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Cutter Cow Cutout:
297.16… -0.21
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CME Feeder Cattle Index for Monday, March 19th:
285.94… +1.29
52 Week High: 284.65 on 3/19/25
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Futures Settlements:
Live Cattle:
April: 208.47… +1.65
June: 205.02… +2.17
August: 201.82… +1.75
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Feeder Cattle:
March: 288.35… +1.53
April: 288.45… +1.73
May: 289.10… +1.60
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April Lean Hogs: 85.55… -0.02
April Crude Oil: 68.30… +1.14
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May Corn: 4.6900… +0.0700
May Wheat: 5.5725… -0.0625
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Financial Markets:
DJIA: 41,953.22… -12.11
S & P 500: 5,662.92… -12.43
NASDAQ: 17,691.63… -59.16
U.S. Dollar Index: 103.82… +0.39
