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Aug
15
2022
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Posted 164 days ago ago by Administrator Account
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Daily Market Summary for August 15th
The Daily Market News Report brought to you by The Cattle Range. Please visit their website for more information!
Slaughter Cattle:
As of 3:00 PM Monday, negotiated cash trading has been at a standstill in the Southern Plains and Nebraska. In the Western Cornbelt negotiated cash trading has been mostly inactive on light demand. Not enough purchases for a market trend. Last week in the Southern Plains live purchases traded at 140.00. For prior week in Nebraska live and dressed purchases traded from 144.00-148.00 and from 229.00-230.00, respectively. For the previous week in the Western
Negotiated Sales:
Confirmed: 800
Week Ago: 175
Year Ago: 3,750
Formula Net - Dressed Steers & Heifers:
Head count priced today: 39,200
Weighted avg. weight: 867.00
Weighted avg. net price: 220.52
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Cattle Slaughter under Federal Inspection
Monday (est) 124,000
Week ago (est) 119,000
Year ago (act) 118,000
Friday:
Steers & Heifers: 90,000
Cows & Bulls: 28,000
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Boxed Beef:
Cutout Values:
Choice: 264.46… +1.09
Select: 239.72… +0.13
Choice/Select Spread: 24.74
Total Load Count: 95
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Cutter Cow Cutout:
211.67… -0.34
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CME Feeder Cattle Index for August 12th:
179.04… +0.76 / +0.43%
1 Year Change: +15.11%
52 Week Range: 152.31 to 179.04
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Futures Settlements…
Live Cattle:
August: 139.75… -0.47
October: 143.80… -0.70
December: 149.72… -0.90
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Feeder Cattle:
August: 179.92… +0.30
September: 183.00… -0.37
October: 185.60… -0.40
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September Hogs: 100.57… +0.55
September Crude Oil: 89.41… -2.68
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September Corn: 6.2675… -0.1300
September Wheat: 8.0075… -0.0525
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Grain Cash Bids:
Omaha Corn: 7.23… -0.11
Kansas City Wheat: 8.38… -0.04
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Financial Markets:
DJIA: 33,912.63… +151.58
S & P 500: 4,297.24… +17.09
NASDAQ: 13,126.99… +79.80
U.S. Dollar Index: 106.50… +0.88
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