Fed Cattle:  USDA reported on Tuesday afternoon that negotiated cash trade was a standstill on light demand in all feeding regions. The latest reported market in any feeding region was last week with live purchases in the Southern Plains at 197.00. In Nebraska last week, live purchases traded form 200.00-202.00 with dressed purchases from 315.00-317.00. In the Western Cornbelt for the previous week, live purchases traded from 200.00-202.00 with dressed purchases from 315.00-320.00.

Negotiated Sales:

Confirmed:    None

Week Ago:        770

Year Ago:          239

Formula Net - Dressed Steers & Heifers:

Head count priced today:  25,300

Weighted avg. weight:      916

Weighted avg. net price:    315.82

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Cattle Slaughter under Federal Inspection:

Tuesday                124,000

Week Ago        123,000

Year Ago         121,936

Week to Date        239,000

Last Week WTD     225,000

Last Year WTD       233,848

Monday

Steers & Heifers:    95,000

Cows & Bulls:          20,000

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Boxed Beef:

Cutout Values:

Choice: 321.20… +3.62

Select: 306.86… -0.09

Choice/Select Spread: 14.34

Total Load Count: 146

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Cutter Cow Cutout:

295.64… +0.09

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CME Feeder Cattle Index for Monday, March 10th:

276.54… +2.59

52 Week High: 281.68 on 1/30/25

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Futures Settlements:

Live Cattle:  

April: 199.55… -1.02

June: 196.25… -0.97

August: 194.27… -0.83

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Feeder Cattle:

March: 277.50… +0.45

April: 277.70… -0.22

May: 278.95… +0.40

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April Lean Hogs: 86.55… -1.75

April Crude Oil: 66.49… +0.46

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May Corn: 4.7025… -0.0175

May Wheat: 5.5675… -0.0575

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Financial Markets:

DJIA: 41,432.87… -479.48

S & P 500: 5,571.95… -42.72

NASDAQ: 17,436.10… -32.22

U.S. Dollar Index: 103.34… -0.50