DTN Cattle Close/Trends 11/25 15:35
25 Nov 2015
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/25/15 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE DTN WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK T0 DATE: 48 STEERS No reportable trade HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 1,366 WEEK TO DATE: 3,013 STEERS 382 195.00-195.00 195.00-195.00 195.00 HEIFERS 645 195.00-195.00 195.00-195.00 195.00 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: 563 WEEK TO DATE: 1,832 STEERS No reportable trade HEIFERS No reportable trade COMMENTS: It looks like cattle buyers decided to wait until after Thanksgiving to secure near-erm slaughter needs. Pre-holiday business remained at a standstill with just a few dressed bids of $195 noted in parts of the North. 5 AREA LV STR AVE PR&WT: $NA HIDE & OFFAL: $10.90 +$0.05 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 185.47 174.33 72,364 BOX BASED 192.09 181.76 65,427 AVE INDEX 188.78 +0.09 178.04 +0.70 137,791 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 204.09 +0.28 193.76 +1.52 100.40 LDS CH CUTS / 30.21 LDS SEL CUTS / 16.83 LDS TRIM / 40.39 LDS GROUND BOXED BEEF TREND: Firm-higher; lite-mod demand and offerings COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/20 $205.45 -7.38 CUTTER 90% 350# UP C/O: $171.21 +$0.50 NAT'L BONELESS BF TRIM: 66.77 lds / Steady; lite-mod demand; heavy offers 90% TRIM: 24 lds /WT AVG: $208.39 / Moderately higher *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) WED 112(331) WK AGO 108(321) YR AGO 118(349) MIX: TUE SH87/CB23 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 11/14/15 1,405 4,075 Week Ending: 11/07/15 2,912 4,192 Change from prev week: -1,507 -117