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U.S. CATTLE REPORT: Ranking Of States With The Most Cattle; Beef production falls under 530 mp; Cattle weights down 20 lbs from last year; April LC reach new contract highs; Feeders up $2.62 from last Friday, Boxed beef down $3.02
CATTLE WEIGHTS: Live weights reported this week at 1,385 lbs., down 1 lb. from last week, down 20 lbs. from last year (EWMP)
BEEF PRODUCTION: Weekly production reported at 529.1 million pounds, down 2.7% from last week, up 0.9% from last year (EWMP)
NATIONAL STEER TRACKER: The largest steer string (700-899#) sold this week was 219 steers (711#) from Torrington, Wyoming at 210.00. The average price for the top 10 steer strings sold this week was $186.78, compared to $186.42 last week
NATIONAL CATTLE TRACKER: The largest steer and heifer string sold this week was 219 steers (711#) from Torrington, Wyoming at $210.00. The second largest string was 205 heifers (486#) from Ogallala, Nebraska at $228.00
Weekly cattle slaughter reported at 641K head, compared to 659K last week and 635K last year. YTD slaughter at 3.17 million head, up 0.2% from last year (EWMP)
Boxed Beef PM: Choice: $264.74 (-0.36); Select: $251.61 (-2.05); Ch/Se Spread: 13.13; Total Loads: 76 compared to 150 on Thursday
CME LIVESTOCK: Live Cattle: $164.125 (+0.30); Feeder Cattle: $186.10 (+0.175); Hogs: $86.475 (+0.475)
CME GRAINS: Corn: $6.775 (+2.25); Soybeans: $15.32 (-2.25); Wheat: $7.5675 (-4.25); Cotton: $85.43 (-0.96)
STOCK UPDATE: Dow 30: 33,926.01 (-127.93); Nasdaq: 12,006.95 (-193.87); S&P 500: 4,136.48 (-43.28)
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