The Markets

The cutout value continued to strengthen and was about $8 per cwt higher than the previous week for choice beef. The Choice-Select spread continued to widen seasonally. The cash fed cattle market was up about $1 per cwt.
 
 
Week of
Week of
Week of
Data Source: USDA-AMS Market News
 
5/4/2018
4/27/2018
5/5/2017
 
 
 
$/cwt
 
5-Area Fed Steer
all grades, live weight
$124.81 
$123.73 
$144.60 
all grades, dressed weight
$193.65 
$196.21 
$229.80 
Boxed Beef
Choice Price, 600-900 lb.
$226.80 
$218.62 
$232.55 
Choice-Select Spread
$19.12 
$15.47 
$17.75 
700-800 lb. Feeder Steer
Montana 3-market
$156.32 
$148.88 
$162.58 
Nebraska 7-market
$152.57 
$154.83 
$160.52 
Oklahoma 8-market
$146.06 
$146.32 
$150.68 
500-600 lb. Feeder Steer
Montana 3-market
$184.67 
$186.67 
$199.49 
Nebraska 7-market
$191.85 
$190.72 
$183.08 
Oklahoma 8-market
$169.15 
$168.40 
$170.80 
Feed Grains
Corn, Omaha, NE, $/bu 
$3.85 
$3.74 
$3.38 
DDGS, Nebraska, $/ton
$170.00 
$170.00 
$104.25
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