Livestock Roundup 12/02/2022
Posted: Dec. 2, 2022, 8:38 a.m.
Daily Cutout Values
Choice: 253.57, Down 1.31 from the previous day.
Select: 225, Down .01 from the previous day.
Choice/Select Spread: 28.57
5 Area Average Cattle Price
Live Steer: 155.23
Live Heifer: 155.11
Dressed Steer: 245.00
Dressed Heifer: N/A
Estimated at 128,000. 4,000 more than the same week last year.
Feeder Cattle Index
Live Cattle (February)
Managed Money Position: 60,850
Seasonal Trend in Play: February live cattle have pulled back from November 27th to December 9th for 14 of the last 15 years, with the average pullback being roughly 3.00.
Feeder Cattle (January)
Managed Money Position: -4,066
Seasonal Trend in Play: January feeder cattle have pulled back from November 29th to December 9th for 14 of the last 15 years, with the average pullback being roughly 3.00.
Daily Direct Hogs Plant Delivered (as of 1:30 PM CT)
Carcass Base Price
Weighted Average: 85.26
Change from Prior Day: -.80
Head Count: 10,542
Daily Hog Slaughter
492,000. 9,000 more than the same week last year.
Lean Hogs (February)
Managed Money Position: 51,747
Seasonal Trend in Play: Coming Soon, December 6th!
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