|
Apr
28
2022
|
|
Posted 273 days ago ago by Administrator Account
|
|
Daily Market Summary for April 28th
The Daily Market News Report bought to you by The Cattle Range. Please visit their website for more information!
Slaughter Cattle:
As of 3:00 PM Thursday, negotiated cash trading in the Southern Plains and Colorado has been at a standstill. In Nebraska and Western Cornbelt negotiated cash trading has been mostly inactive. Not enough purchases for a market trend. Tuesday was the last reported market in all regions. In the Southern Plains live purchases traded at 140.00. In Nebraska and Colorado live purchases traded from 144.00-146.00, and, in Nebraska dressed purchases traded at 232.00. In the Western Cornbelt live and dressed purchases trading from 145.00-147.00 and at 232.00, respectively.
Negotiated Sales:
Confirmed: 3,338
Week Ago: 2,413
Year Ago: 5,390
Formula Net - Dressed Steers & Heifers:
Head count priced today: 39,300
Weighted avg. weight: 883.00
Weighted avg. net price: 229.29
Cattle Slaughter under Federal Inspection
Thursday (est) 123,000
Week ago (est) 122,000
Year ago (act) 121,000
Week to Date 498,000
Same Period Last Week 483,000
Same Period Last Year 480,000
Wednesday
Steers & Heifers: 96,000
Cows & Bulls: 29,000
Boxed Beef:
Cutout Values:
Choice: 262.60… +0.69
Select: 251.06… -1.26
Choice/Select Spread: 11.54
Total Load Count: 168
Cutter Cow Cutout:
221.36… +1.33
CME Feeder Cattle Index for April 27th:
156.36… +0.15 / +0.10%
1 Year Change: +15.76%
52 Week Range: 130.15 to 165.35
Futures Settlements…
Live Cattle:
June: 133.90… -1.12
August: 136.35… -0.67
October: 143.05… -0.35
Feeder Cattle:
May: 157.95… +0.60
August: 170.40… +1.45
September: 173.40… +0.93
May Hogs: 103.97… -0.20
June Crude Oil: 105.36… +3.34
May Corn: 8.1600… +0.0050
May Wheat: 10.7400… -0.0600
Grain Cash Bids:
Omaha Corn: 8.19… +0.02
Kansas City Wheat: 10.76… -0.13
Financial Markets:
DJIA: 33,918.30… +615.77
S & P 500: 4,289.16… +105.55
NASDAQ: 12,860.93… +370.67
U.S. Dollar Index: 103.63… +0.68