Daily Livestock Summary

Posted: Aug. 10, 2022, 6:18 p.m.

CME Live Cattle

 

High

Low

Change

Settle

August

139.38

138.13

1.23

139.20

October

144.58

143.30

1.30

144.48

December

150.78

149.63

1.05

150.70

CME Feeder Cattle

 

High

Low

Change

Settle

August

181.08

178.65

1.88

180.68

September

185.28

182.05

2.50

185.00

October

187.38

185.05

1.60

187.18

Daily Cutout Values

Choice: 263.23, Down 1.50 from the previous day.

Select: 237.08 Down .62  from the previous day.

Choice/Select Spread: 26.15

5 Area Average Cattle Price

Live Steer: 146.00

Live Heifer: 139.15

Dressed Steer: 231.87

Dressed Heifer: N/A

Daily Slaughter is estimated at 126,000. 2,000 more than last week and 8,000 more than the same week last year.

 

CME Lean Hogs

 

High

Low

Change

Settle

August

122.48

122.10

.05

122.25

October

101.00

99.80

1.25

100.85

December

90.08

89.33

.38

89.98

February

92.13

91.53

.33

92.08

Daily Direct Hogs Plant Delivered (as of 1:30 PM CT)

Carcass Base Price

Range:  115.00-138.00

Weighted Average:  132.48

Change from Prior Day:  1.35

Head Count: 25,266

Daily Hog Slaughter

474,000.  5,000 more than last week and unchanged from last year.

 

 

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Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.

 



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