The CattleBoard: Boxed beef continues to slide, feeders higher

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Both choice and select boxed beef figures moved lower Monday with select cuts falling further, allowing the choice/select spread to widen by 73 cents. Choice boxed beef closed 24 cents lower to settle at $188.98. Choice cuts have consistently fallen since July 1, losing $8.52 so far this month.

Feeder cattle improved for the third consecutive day Monday, gaining an additional 68 cents to close at $152.93. Feeders are now $3.51 above the 27-day average. Gains in the feeder market were assisted by a lower corn closing. Corn fell 3 cents to $5.41. Corn has remained fairly steady since its closed $1.71 lower on July 12.

Live cattle also moved lower Monday, down a dime to $121.88. Live cattle fell for the second consecutive day, but remain 44 cents above the 27-day average.

Cattle Board
 

Board Prices Tue
Jul 16
Wed
Jul 17
Thu
Jul 18
Fri
Jul 19
Mon
Jul 22
Change Report
  Live Cattle 122.13 121.30 122.10 121.98 121.88 -0.10 Report
  Feeder Cattle 152.55 150.98 152.08 152.25 152.93 0.68 Report
  Corn 5.45 5.39 5.41 5.44 5.41 -0.03 Report
Boxed Beef Tue
Jul 16
Wed
Jul 17
Thu
Jul 18
Fri
Jul 19
Mon
Jul 22
Change Report
  Boxed Beef - Choice 190.66 190.47 189.30 189.22 188.98 -0.24 Report
  Boxed Beef - Select 184.35 184.35 183.73 184.17 183.20 -0.97 Report
  Boxed Beef - C/S Spread 6.31 6.12 5.56 5.05 5.78 0.73 Report
Boxed Beef: Loads Tue
Jul 16
Wed
Jul 17
Thu
Jul 18
Fri
Jul 19
Mon
Jul 22
Change Report
  Total Beef Loads 142 141 153 127 126 -1 Report
  Choice Cuts 62 61 80 56 45 -10 Report
  Select Cuts 41 41 43 45 55 10 Report
  Trimmings 10 10 4 0 9 9 Report
  Grinds 0 0 0 0 0 0 Report
Boxed Beef: Primal Values Tue
Jul 16
Wed
Jul 17
Thu
Jul 18
Fri
Jul 19
Mon
Jul 22
Change Report
  Primal Rib - Ch 294.14 294.14 282.78 283.67 284.93 1.26 Report
  Primal Chuck - Ch 155.04 155.04 157.99 158.15 155.38 -2.77 Report
  Primal Round - Ch 157.64 157.64 157.92 157.00 156.57 -0.43 Report
  Primal Loin - Ch 258.10 257.23 253.13 252.89 256.20 3.31 Report
  Primal Brisket - Ch 139.47 139.47 138.71 138.11 138.31 0.20 Report
  Primal Short Plate - Ch 144.40 144.40 145.75 146.76 144.19 -2.57 Report
  Primal Flank - Ch 125.72 125.72 125.15 124.98 124.99 0.01 Report
Other Tue
Jul 16
Wed
Jul 17
Thu
Jul 18
Fri
Jul 19
Mon
Jul 22
Change Report
  Est. Cattle Slaughter 126,000 125,000 123,000 122,000 120,000 -2,000 Report
  Daily Drop 14.68 14.71 14.74 14.63 -- -0.11 Report
  Cutter Cow Cutout 161.28 160.34 160.32 159.09 -- -1.23 Report
  Beef Carcass - Ch 176.90 176.81 176.16 176.19 -- 0.03 Report
5-Area Slaughter Tue
Jul 16
Wed
Jul 17
Thu
Jul 18
Fri
Jul 19
Mon
Jul 22
Change Report
  5-Area Head Count 582 385 3,397 2,178 74,936 72,758 Report
  5-Area WTD 582 967 4,364 6,542 81,440 74,898 Report
  Live Steer - Weights 0 0 1,408 1,398 1,378 -20 Report
  Live Steer 0.00 0.00 0.00 0.00 119.87 119.87 Report
  Live Heifer - Weights 0 0 1,300 1,218 1,228 10 Report
  Live Heifer 0.00 0.00 120.00 0.00 119.72 119.72 Report
  Dressed Steer - Weights 0 0 882 869 876 7 Report
  Dressed Steer 0.00 0.00 0.00 0.00 0.00 0.00 Report
  Dressed Heifer - Weights 0 0 810 810 791 -19 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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