Slaughter Cattle:
As of 3:00 PM Monday, negotiated cash trade has been at a standstill in all major feeding regions. Last week in the Southern Plains live purchases traded at 156.00. In Nebraska last week, live and dressed purchases traded from 153.00-156.00 and at 248.00, respectively. Last week in the Western Cornbelt live and dressed purchases traded from 152.00-157.00 and at 248.00, respectively.
Negotiated Sales:
Confirmed: 65
Week Ago: 106
Year Ago: 855
Formula Net - Dressed Steers & Heifers:
Head count priced today: 32,600
Weighted avg. weight: 857.00
Weighted avg. net price: 250.80
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Cattle Slaughter under Federal Inspection
Monday (est) 126,000
Week ago (est) 124,000
Year ago (act) 119,000
Friday:
Steers & Heifers: 96,000
Cows & Bulls: 28,000
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Boxed Beef:
Cutout Values:
Choice: 268.10… +0.34
Select: 251.52… +0.98
Choice/Select Spread: 16.58
Total Load Count: 71
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Cutter Cow Cutout:
197.06… +0.71
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CME Feeder Cattle Index for January 27th:
179.88… +0.31 / +0.17%
1 Year Change: +13.53%
52 Week Range: 152.31 to 183.59
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Futures Settlements…
Live Cattle:
February: 158.75… +2.03
April: 163.35… +2.53
June: 159.47… +1.70
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Feeder Cattle:
March: 183.92… +0.45
April: 188.27… +0.72
May: 192.72… +0.87
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April Lean Hogs: 86.52… +0.07
March Crude Oil: 77.90… +1.78
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March Corn: 6.8375… +0.0075
March Wheat: 7.5250… +0.0250
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Grain Cash Bids:
Omaha Corn: 7.19… Unchanged
Kansas City Wheat: 8.24… +0.06
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Financial Markets:
DJIA: 33,717.68… -259.87
S & P 500: 4,017.90… -52.58
NASDAQ: 11,393.81… -227.90
U.S. Dollar Index: 102.25… +0.32