The CattleBoard: Big day for feeder cattle, corn lower

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Feeder cattle prices were $2.52 higher Monday, ending four days of consecutive losses to close at $152.65. The high close move feeders to a new 27-day high and only 60 cents below the high for the year.

Live cattle also improved, gaining 60 cents to close at 122.45. Monday’s gains end a three-day skid during which live cattle lost 88 cents. Corn prices fell a dime, ending the day at $5.36. The lower close marks a new low for the year and sits $1.81 lower than the closing number just two trading days earlier.

The choice-select spread narrowed by another $1.09 marking the second consecutive day of a narrowing spread. Choice cuts lost 83 cents to settle at $190.70 while select cuts improved by 27 cents to $183.94. Choice cuts have fallen steadily and Monday’s closing figure is only $8.75 above the low point of the year.

Cattle Board
 

Board Prices Tue
Jul 09
Wed
Jul 10
Thu
Jul 11
Fri
Jul 12
Mon
Jul 15
Change Report
  Live Cattle 122.73 122.08 121.93 121.85 122.45 0.60 Report
  Feeder Cattle 151.15 150.55 150.13 150.13 152.65 2.52 Report
  Corn 7.04 7.10 7.17 5.46 5.36 -0.10 Report
Boxed Beef Tue
Jul 09
Wed
Jul 10
Thu
Jul 11
Fri
Jul 12
Mon
Jul 15
Change Report
  Boxed Beef - Choice 194.32 193.07 192.72 191.53 190.70 -0.83 Report
  Boxed Beef - Select 185.85 186.05 184.71 183.67 183.94 0.27 Report
  Boxed Beef - C/S Spread 8.47 7.02 8.01 7.86 6.77 -1.09 Report
Boxed Beef: Loads Tue
Jul 09
Wed
Jul 10
Thu
Jul 11
Fri
Jul 12
Mon
Jul 15
Change Report
  Total Beef Loads 169 254 194 179 147 -32 Report
  Choice Cuts 78 114 96 110 78 -33 Report
  Select Cuts 49 81 70 54 54 -1 Report
  Trimmings 18 18 0 4 0 -4 Report
  Grinds 0 0 0 0 0 0 Report
Boxed Beef: Primal Values Tue
Jul 09
Wed
Jul 10
Thu
Jul 11
Fri
Jul 12
Mon
Jul 15
Change Report
  Primal Rib - Ch 305.00 306.70 305.59 297.99 295.28 -2.71 Report
  Primal Chuck - Ch 158.39 156.84 158.20 156.18 154.61 -1.57 Report
  Primal Round - Ch 158.52 157.18 157.54 158.47 158.24 -0.23 Report
  Primal Loin - Ch 264.23 260.60 257.55 258.10 258.05 -0.05 Report
  Primal Brisket - Ch 139.35 138.97 138.96 139.47 139.67 0.20 Report
  Primal Short Plate - Ch 144.53 146.27 145.56 144.47 144.40 -0.07 Report
  Primal Flank - Ch 124.02 123.47 123.32 123.15 123.06 -0.09 Report
Other Tue
Jul 09
Wed
Jul 10
Thu
Jul 11
Fri
Jul 12
Mon
Jul 15
Change Report
  Est. Cattle Slaughter 124,000 124,000 124,000 123,000 122,000 -1,000 Report
  Daily Drop 14.65 14.63 14.53 14.69 14.76 0.07 Report
  Cutter Cow Cutout 159.46 159.78 159.31 159.29 -- -0.02 Report
  Beef Carcass - Ch 179.52 178.92 178.82 178.63 -- -0.19 Report
5-Area Slaughter Tue
Jul 09
Wed
Jul 10
Thu
Jul 11
Fri
Jul 12
Mon
Jul 15
Change Report
  5-Area Head Count 239 435 926 3,957 83,400 79,443 Report
  5-Area WTD 239 772 1,698 5,655 89,055 83,400 Report
  Live Steer - Weights 0 0 1,425 1,394 1,366 -28 Report
  Live Steer 0.00 0.00 0.00 0.00 119.75 119.75 Report
  Live Heifer - Weights 0 0 0 1,241 1,236 -5 Report
  Live Heifer 0.00 0.00 0.00 0.00 119.53 119.53 Report
  Dressed Steer - Weights 0 852 857 859 867 8 Report
  Dressed Steer 0.00 0.00 0.00 0.00 0.00 0.00 Report
  Dressed Heifer - Weights 0 775 747 755 797 42 Report
  Dressed Heifer 0.00 0.00 0.00 0.00 0.00 0.00 Report

Quotes & Data provided by iNet Solutions Group, Inc.
All commodity prices delayed 10 minutes.


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