Livestock Roundup 4/5/23

Posted: April 5, 2023, 8:09 a.m.

Cattle Summary

Daily Cutout Values

  • Choice: 287.94, Up 2.85 from the previous day.
  • Select: 277.95, Up 3.77 from the previous day.
  • Choice/Select Spread: 9.99

5 Area Average Cattle Price

  • Live Steer: N/A
  • Live Heifer: N/A
  • Dressed Steer: N/A
  • Dressed Heifer: N/A

Daily Slaughter

  • Estimated at 126,000. 1,000 less than last week and 1,000 more than the same week last year.

Feeder Cattle Index

  • 04/03/2023: 193.02
  • 03/31/2023: 191.68

Live Cattle

Seasonal Trend in Play

  • June live cattle futures have trended lower from March 21st-April 6th for 12 of the last 15 years.

LEM2023_2023-04-04_15-37-26

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Feeder Cattle

Seasonal Trend in Play: 

  • None

GFK2023_2023-04-04_05-20-07

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Hogs Summary

 

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

Carcass Base Price

Range: 72.50-75.00

Weighted Average: 72.66

Change from Prior Day: .76

Head Count: 3,440

     

Lean Hogs

  Seasonal Tend in Play

  • December lean hog futures have trended higher from March 30th to June 10th for 12 out of the last 15 years.HEM2023_2023-04-04_05-21-50

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Livestock Feeder Cattle Lean Hogs Live Cattle

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