Slaughter Cattle:

As of 3:00 PM Friday in the Western Cornbelt, negotiated cash trading has been limited on light demand. In the Southern Plains and Nebraska negotiated cash trading has been mostly inactive on very light demand. Not enough purchases in any region for a market trend. Thursday was the last fully reported market in these regions. In the Southern Plains live purchases traded at 142.00. In Nebraska live purchases traded from 145.00-148.50 and dressed purchases traded at 234.00. In the Western Cornbelt live purchases traded from 148.00-150.00 and dressed purchases traded at 234.00.

Negotiated Sales:

Confirmed:      3,144

Week Ago:       1,291

Year Ago:         2,327

Formula Net - Dressed Steers & Heifers:

Head count priced today:   32,200

Weighted avg. weight:         863.00

Weighted avg. net price:     228.02

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Cattle Slaughter under Federal Inspection

Friday (est)                           122,000

Week ago (est)                     118,000

Year ago (act)                       117,000

Week to Date                       621,000

Same Period Last Week     614,000

Same Period Last Year       595,000

Thursday:

Steers & Heifers:  96,000

Cows & Bulls:        30,000

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Boxed Beef:

Cutout Values:

Choice: 264.28… -0.11

Select:  237.94… +0.47

Choice/Select Spread: 26.34

Total Load Count: 73

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Cutter Cow Cutout:

213.98… +2.84

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CME Feeder Cattle Index for August 18th:

179.21… -0.65 / -0.36%

1 Year Change: +15.03%

52 Week Range: 152.31 to 179.89

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Futures Settlements…

Live Cattle:

August: 141.60… +0.33

October: 145.25… +0.50

December: 150.97… +0.42

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Feeder Cattle:

August: 181.50… -0.02

September: 184.75… -0.52

October: 187.77… -0.90

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October Hogs: 93.12… -0.18

September Crude Oil: 90.77… +0.27

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December Corn: 6.2325… +0.0750

December Wheat: 7.7100… +0.2200

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Grain Cash Bids:

Omaha Corn: 7.32… +0.05

Kansas City Wheat: 7.89… +0.21

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Financial Markets:

DJIA: 33,706.15… -292.89

S & P 500: 4,228.37… -55.37

NASDAQ: 12,705.22… -260.12

U.S. Dollar Index: 108.12… +0.64