DTN’s Livestock Quick Takes

DTN’s Livestock Quick Takes

OMAHA (DTN) — October live cattle are up $0.58 at $240.225, October feeder cattle are up $0.63 at $365.1, October lean hogs are up $0.60 at $95.625, December corn is down 2 cents per bushel and December soybean meal is down $5.40. The Dow Jones Industrial Average is down 525.19 points. All is quiet in cash cattle country near midday, asking prices have yet to be established, but will likely start out higher. Bids are nowhere to be found. New showlists appear to be mixed, higher in Texas, somewhat lower in Nebraska/Colorado, and lower in Kansas. Beef cutouts are lower at midday (choice 413.74 -1.67, select 387.18 -2.82) with generally light box movement (32 lds of choice cuts, 12 lds of select cuts, 04 lds of trim, and 06 lds of ground), with a choice/select spread of 26.56. Tuesday’s projected cattle slaughter is 116,000. Pork cutouts at midday are 115.29, +0.97, with 150.53 total loads. Tuesday’s projected hog slaughter is 476,000.

Posted 08:38 — October live cattle is steady, October feeder cattle are down $0.25 at $364.225, October lean hogs are up $0.78 at $95.8, December corn is down 4 3/4 cents per bushel and December soybean meal is down $5.00. The Dow Jones Industrial Average is down 542.77 points. Last week had Southern live deals at $238 to mostly $242, $2 higher than the previous week’s weighted averages. Northern dressed business had a full range of $380 to $392, mostly $385, steady with the bulk of the week before, but $1 lower than the prior week’s weighted average basis Nebraska. This week, bids and asking prices have yet to be established, and significant trade volume will likely be delayed until well in to the second half of the week. The CME Feeder Index for Aug. 28, 2025, was $0.15 higher at $365.38, the projected CME Lean Hog Index for Aug. 28, 2025, was down $0.26, at $106.17.