DTN Cattle Close/Trends 08/23 15:30
23 Aug 2019
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 08/23/19 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 8,517 WEEK TO DATE: 8,926 STEERS LIVE FOB 3,808 105.00-106.00 105.00-106.00 105.98 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,160 105.00-106.00 105.00-106.00 105.81 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 12,727 WEEK TO DATE: 21,510 STEERS DRESSED DELIVERED 3,965 175.00-178.00 175.00-178.00 175.92 STEERS DRESSED FOB 470 175.00-175.00 175.00-175.00 175.00 HEIFERS DRESSED DELIVERED 1,685 175.00-175.00 175.00-175.00 175.00 HEIFERS DRESSED FOB 92 175.00-175.00 175.00-175.00 175.00 TEXAS CONFIRMED CASH SALES - TODAY: 4,060 WEEK TO DATE: 4,060 STEERS LIVE FOB 1,684 106.00-106.00 106.00-106.00 106.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,577 105.00-106.00 105.00-106.00 105.71 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: NA Conf WEEK TO DATE: NA Conf STEERS LIVE FOB Not reported due to confidentiality STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB Not reported due to confidentiality HEIFERS LIVE DELIVERED No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 5,373 WEEK TO DATE: 14,121 STEERS DRESSED DELIVERED 2,243 174.00-178.00 175.00-176.00 175.55 STEERS DRESSED FOB 261 175.00-175.00 175.00-175.00 175.00 HEIFERS DRESSED DELIVERED 1,309 174.00-176.00 174.00-176.00 175.61 HEIFERS DRESSED FOB 25 175.00-175.00 175.00-175.00 175.00 COMMENTS: A light to moderate developed in most areas today. Dressed deals in Nebraska and Iowa were at mostly $175, generally $4.50 higher than last weeks weighted average basis Nebraska. A few Regionals in Nebraska have paid $176 to $178, these are set for delayed delivery (the week of September 2nd). Southern live trade was at mostly $106, generally $1 higher than last week's weighted averages. 5-AREA LV STR AVG(FOB)PR&WT: $No Test HIDE&OFFAL: $9.15 -0.11 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $166.82 $142.82 30,676 BOX BASED $225.52 $200.71 32,351 AVE INDEX $196.17 -0.33 $171.76 -0.40 63,027 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $237.52 -1.76 $212.71 -3.20 37.06 LDS CH CUTS / 17.57 LDS SEL CUTS / 0.00 LDS TRIM / 22.11 LDS GROUND BOXED BEEF TREND: Lr/Shrply lr on lt-mod dem & offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 08/16 $218.12 +6.61 CUTTER 90% 350# UP C/O: $176.16 -0.17 NAT'L BONELESS BF TRIM: 33.75 lds / Not fully established 90% TRIM: 10 lds: Wtd Avg $224.30 / Slightly lower FI KILL(WTD) FRI 115(577) WK AGO 114(577) YR AGO 114(584) MIX: THU SH91/CB24 SAT 77(654) WK AGO 74(651) YR AGO 58(642) WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 08/10/19 1,748 6,802 Week Ending: 08/03/19 1,386 4,867 Change from prev week: +362 +1,935