Oliver Sloup covered the action in the livestock markets during the 2nd half of his appearance on RFD-TV. What did the COT & Cattle on Feed reports have to say about the livestock markets? Are funds getting longer and shorter?
Daily Cutout Values
Choice: 255.57, Up .70 from the previous day.
Select: 233.23, Up .40 from the previous day.
Choice/Select Spread: 22.34
5 Area Average Cattle Price
Live Steer: 152.89
Live Heifer: 152.25
Dressed Steer: 241.79
Dressed Heifer: 242.00
Estimated at 128,000. Unchanged from last week but 6,000 more than the same week last year.
Feeder Cattle Index
Daily Direct Hogs Plant Delivered (as of 1:30 PM CT)
Carcass Base Price
Weighted Average: 82.16
Change from Prior Day: .35
Head Count: 4,217
Daily Hog Slaughter
488,000. 3,000 more than last week and 8,000 more than last year.
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