DTN Cattle Close/Trends 11/24 15:35
24 Nov 2015
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/24/15 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE DTN WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK T0 DATE: 0 STEERS No reportable trade HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 84 WEEK TO DATE: 256 STEERS No reportable trade HEIFERS 84 195.00-195.00 195.00-195.00 195.00 TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 570 WEEK TO DATE: 620 STEERS 188 195.00-195.00 195.00-195.00 195.00 HEIFERS 342 195.00-195.00 195.00-195.00 195.00 COMMENTS: Packer bids and feedlot asking prices remained poorly defined today, even though we believe traders would like to complete cash business before the Thanksgiving break begins. 5 AREA LV STR AVE PR&WT: $NA HIDE & OFFAL: $10.85 -$0.11 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 185.58 174.44 70,185 BOX BASED 191.81 180.24 66,645 AVE INDEX 188.69 +0.59 177.34 +0.68 136,830 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 203.81 +1.02 192.24 +1.19 100.08 LDS CH CUTS / 40.17 LDS SEL CUTS / 25.37 LDS TRIM / 46.88 LDS GROUND BOXED BEEF TREND: Higher; mod-fairly good dem/ mod-hvy offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/20 $205.45 -7.38 CUTTER 90% 350# UP C/O: $170.71 -$0.97 NAT'L BONELESS BF TRIM: 71.06 lds / Sharply lower on lite dem; hvy offers 90% TRIM: 8 lds /WT AVG: $208.06 / Moderately to sharply lower *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) MON 110(219) WK AGO 107(213) YR AGO 117(231) MIX: MON SH89/CB20 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 11/07/15 2,912 4,192 Week Ending: 10/31/15 3,883 4,216 Change from prev week: -971 -24