Livestock Roundup 1/13/23
Posted: Jan. 13, 2023, 9:04 a.m.
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Cattle Summary Daily Cutout Values Choice: 277.49, Down 3.24 from the previous day. Select: 257.01, Down 1.09 from the previous day. Choice/Select Spread: 22.63 5 Area Average Cattle Price Live Steer: 157.31 Live Heifer: 157.49 Dressed Steer: 251.08 Dressed Heifer: 251.00 Daily Slaughter Estimated at 122,000. 5,000 head less than last week but 6,000 head more than last year. Feeder Cattle Index 01/11/2022: 182.36 01/10/2022: 182.32 |
Live Cattle
Managed Money Position: 82,762
Next Seasonal: A seasonal that has played out for 13 of the last 15 years starts January 29th for June live cattle.
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Feeder Cattle
Managed Money Position: 344
Seasonal Trend in Play: None
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Hogs SummaryDaily Direct Hogs Plant Delivered (as of 1:30 PM CT) Carcass Base Price Range: 67.00-75.00 Weighted Average: 72.60 Change from Prior Day: -.39 Head Count: 5,630 Daily Hog Slaughter 488,000. 2,000 less than last week but 25,000 more than last year. |
Lean HogsManaged Money Position: 50,359 Seasonal Trend in Play: A bullish seasonal trend for August lean hogs goes from December 6th to January 18th. This has played out for 12 of the last 15 years.
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