NATIONAL CALF TRACKER: The largest calf string sold this week was 172 heifers (455#) from El Reno, Oklahoma at $168.50. The average price paid this week for the top 10 calf strings was $206.85, compared to $196.65 last week (VIEW REPORT)
National Calf Tracker
BEEF PRODUCTION: Weekly production reported at 562.5 million pounds, up 19.6% from last week, up 0.2% from last year (EWMP)
US Cattle Report by National Beef Wire
CATTLE WEIGHTS: Live weights reported this week at 1,381 lbs., up 1 lb. from last week, down 13 lbs. from last year (EWMP)
US Cattle Report by National Beef Wire
Weekly red meat production reported at 1.14 billion pounds, up 18.9% from last week, down 3.0% from last year (EWMP)
Market Update
CME LIVESTOCK: Live Cattle: $142.15 (-0.45); Feeder Cattle: $164.125 (-1.65) Hogs: $85.875 (-0.45); Milk: $18.60 (+0.27)
US Cattle Report by National Beef Wire
CME GRAINS: Corn: $5.86 (+9.00); Soybeans: $12.6725 (+23.00); Wheat: $7.945 (-12.00); Cotton: $109.30 (+0.40)
National Corn Wire
SCHWIETERMAN CATTLE: Choice was +1.80 and select +.28, while cash trade was very active, with nearly 63,000 head trading, as high as $142.50 and $221 in the beef (VIEW REPORT)
US Cattle Report by National Beef Wire
SCHWIETERMAN GRAIN: Soybeans were the upside leader overnight and the March contract moved back above the 50-day moving average. Holding gains today would be a big step towards marking the end of this move lower (VIEW REPORT)
NBW Market Commmentary
GRAIN TRENDS (Short Term/Long Term): CORN: Down/Up; WHEAT: Down/Up; SOYBEANS: Down/Down (VIEW REPORT)
National Corn Wire
CATTLE TRENDS (Short Term/Long Term): LIVE: Up/Up; FEEDERS: Up/Up (VIEW REPORT)
US Cattle Report by National Beef Wire
Short Range Weather: Heavy snow to impact portions of the Northern Plains and Upper Midwest beginning Saturday morning (View Report)
Weather
U.S. CATTLE REPORT: Cattle trade up another $2; Boxed beef back over $270; Daily drop down 34 cents; Slaughter at full throttle, Another monster week for beef exports... (VIEW REPORT)
US Cattle Report by National Beef Wire
DROUGHT MONITOR: It's December, and drought in the United States is worsening. Parts of the Southwest across to the Southeast saw little to no precipitation in the last week, or in all of November, leading to drought degradations (VIEW REPORT)
Weather
USDA estimates daily cattle slaughter at 123K head, compared to 1K last week and 120K last year. WTD slaughter at 488K head, compared to 366K last week and 479K last year (Thu)
US Cattle Report by National Beef Wire
Waiting... There’s a waiting game happening in the negotiated cash cattle trade this morning. Bids are widespread at $138 and cattle feeders are passing. After regaining the upper hand in November, for the first time in over two years, cattle feeders are enjoying the return of leverage to their side of the playing field (The Beef)
NBW Market Commmentary
REAL TIME PRICES: The largest CALF string sold in the last 7 days was 172 heifers (455#) from El Reno, Oklahoma at $168.50 (Click Here for more real-time prices)
National Calf Tracker
Boxed Beef AM: Choice: $271.50 (+1.28); Select: $258.58 (+0.61); Ch/Se Spread: 12.92; Total Loads: 87
US Cattle Report by National Beef Wire