The CattleBoard: Cattle, corn prices dip lower

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Live and feeder cattle fell lower Wednesday, down for the second consecutive day as boxed beef also took a hit.

Live cattle moved 83 cents lower to finish the day at $121.30. The lower close move live cattle just six cents above the 27-day average. Feeder cattle decreased by $1.57 to close at $150.98. Feeders have fallen for two consecutive days after reaching a 27-day high on Monday.

Corn prices have remained fairly steady this week after losing $1.71 last Friday. Corn prices dropped six cents Wednesday, sitting only 3 cents above the 27-day low which was set on Monday.

The Choice/Select Spread narrowed by 19 cents to $6.12 as select cuts remain unchanged at $184.35, but choice cuts fell 19 cents to $190.47.


Cattle Board
 

Board Prices Thu
Jul 11
Fri
Jul 12
Mon
Jul 15
Tue
Jul 16
Wed
Jul 17
Change Report
  Live Cattle 121.93 121.85 122.45 122.13 121.30 -0.83 Report
  Feeder Cattle 150.13 150.13 152.65 152.55 150.98 -1.57 Report
  Corn 7.17 5.46 5.36 5.45 5.39 -0.06 Report
Boxed Beef Thu
Jul 11
Fri
Jul 12
Mon
Jul 15
Tue
Jul 16
Wed
Jul 17
Change Report
  Boxed Beef - Choice 192.72 191.53 190.70 190.66 190.47 -0.19 Report
  Boxed Beef - Select 184.71 183.67 183.94 184.35 184.35 0.00 Report
  Boxed Beef - C/S Spread 8.01 7.86 6.77 6.31 6.12 -0.19 Report
Boxed Beef: Loads Thu
Jul 11
Fri
Jul 12
Mon
Jul 15
Tue
Jul 16
Wed
Jul 17
Change Report
  Total Beef Loads 194 179 147 142 141 -1 Report
  Choice Cuts 96 110 78 62 61 -1 Report
  Select Cuts 70 54 54 41 41 0 Report
  Trimmings 0 4 0 10 10 0 Report
  Grinds 0 0 0 0 0 0 Report
Boxed Beef: Primal Values Thu
Jul 11
Fri
Jul 12
Mon
Jul 15
Tue
Jul 16
Wed
Jul 17
Change Report
  Primal Rib - Ch 305.59 297.99 295.28 294.14 294.14 0.00 Report
  Primal Chuck - Ch 158.20 156.18 154.61 155.04 155.04 0.00 Report
  Primal Round - Ch 157.54 158.47 158.24 157.64 157.64 0.00 Report
  Primal Loin - Ch 257.55 258.10 258.05 258.10 257.23 -0.87 Report
  Primal Brisket - Ch 138.96 139.47 139.67 139.47 139.47 0.00 Report
  Primal Short Plate - Ch 145.56 144.47 144.40 144.40 144.40 0.00 Report
  Primal Flank - Ch 123.32 123.15 123.06 125.72 125.72 0.00 Report
Other Thu
Jul 11
Fri
Jul 12
Mon
Jul 15
Tue
Jul 16
Wed
Jul 17
Change Report
  Est. Cattle Slaughter 124,000 123,000 122,000 126,000 125,000 -1,000 Report
  Daily Drop 14.53 14.69 14.76 14.68 14.71 0.03 Report
  Cutter Cow Cutout 159.31 159.29 159.93 161.28 160.34 -0.94 Report
  Beef Carcass - Ch 178.82 178.63 176.86 176.90 176.81 -0.09 Report
5-Area Slaughter Thu
Jul 11
Fri
Jul 12
Mon
Jul 15
Tue
Jul 16
Wed
Jul 17
Change Report
  5-Area Head Count 926 3,957 83,400 582 385 -197 Report
  5-Area WTD 1,698 5,655 89,055 582 967 385 Report
  Live Steer - Weights 1,425 1,394 1,366 0 0 0 Report
  Live Steer 0.00 0.00 119.75 0.00 0.00 0.00 Report
  Live Heifer - Weights 0 1,241 1,236 0 0 0 Report
  Live Heifer 0.00 0.00 119.53 0.00 0.00 0.00 Report
  Dressed Steer - Weights 857 859 867 0 0 0 Report
  Dressed Steer 0.00 0.00 0.00 0.00 0.00 0.00 Report
  Dressed Heifer - Weights 747 755 797 0 0 0 Report
  Dressed Heifer 0.00 0.00 0.00 0.00 0.00 0.00 Report



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