Livestock Roundup 9/6/22
Posted: Sept. 6, 2022, 7:49 a.m.
Cattle Summary
Daily Cutout Values
Choice: 259.42, Up 1.35 from the previous day.
Select: 238.58, Up 1.99 from the previous day.
Choice/Select Spread: 20.84
5 Area Average Cattle Price
Live Steer: 142.82
Live Heifer: 142.55
Dressed Steer: 228.85
Dressed Heifer: 229.34
Daily Slaughter
Estimated at 123,000. Unchanged from last week, but 9,000 more than the same week last year.
Feeder Cattle Index
9/01/2022: 181.25
8/31/2022: 182.36
Commitments of Traders Update
Live Cattle: Managed Money were net sellers of 5,651 futures/options contracts through August 30th, trimming their net long position to 57,997.
Feeder Cattle: Managed Money were net sellers of 1,679 futures/options contracts through August 30th, putting them net short 1,113.
Technical Snapshot
Live Cattle
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Feeder Cattle
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Hogs Summary
Daily Direct Hogs Plant Delivered (as of 1:30 PM CT)
Carcass Base Price
Range: 94.00-120.00
Weighted Average: 97.68
Change from Prior Day: -2.07
Head Count: 3,380
Daily Hog Slaughter
425,000. Down 26,000 from last week and 3124,000 from last year.
Commitments of Traders Update
Managed money were net sellers of 9.468 futures/options through August 30th, trimming their net long position to 54,000.
Technical Snapshot
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