DTN Cattle Close/Trends 11/27 16:15
27 Nov 2019
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/27/19 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 6,123 WEEK TO DATE: 6,123 STEERS LIVE FOB 2,902 118.00-118.00 118.00-118.00 118.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,939 118.00-118.00 118.00-118.00 118.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 1,005 WEEK TO DATE: 1,110 STEERS DRESSED DELIVERED 519 187.00-187.00 187.00-187.00 187.00 STEERS DRESSED FOB 204 186.00-186.00 186.00-186.00 186.00 HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: NA Conf WEEK TO DATE: NA Conf STEERS LIVE FOB Trade not available due to confidentiality STEERS LIVE DELIVERED Trade not available due to confidentiality HEIFERS LIVE FOB Trade not available due to confidentiality HEIFERS LIVE DELIVERED Trade not available due to confidentiality COLORADO CONFIRMED CASH SALES - TODAY: NA Conf WEEK TO DATE: NA Conf STEERS LIVE FOB Trade not available due to confidentiality STEERS LIVE DELIVERED Trade not available due to confidentiality HEIFERS LIVE FOB Trade not available due to confidentiality HEIFERS LIVE DELIVERED Trade not available due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 2,687 WEEK TO DATE: 3,672 STEERS DRESSED DELIVERED 351 187.00-188.00 187.00-188.00 187.12 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 180 187.00-187.00 187.00-187.00 187.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Cash cattle started some sparks this afternoon rallying $3.00 to $4.00 higher throughout the countryside. Wednesday posted a good rally but there are still plenty of cattle yet to trade and the cards lay in Friday's discretion. Will packers fully give way to $3.00 to $4.00 gains or try to wait it out into next week? 5-AREA LV STR AVG(FOB)PR&WT: $116.00(1375) HIDE&OFFAL: $9.10 -0.06 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $177.29 $153.39 81,242 BOX BASED $220.24 $198.64 46,782 AVE INDEX $198.76 +0.27 $176.01 -0.75 128,024 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $232.24 +0.40 $210.64 -1.65 63.52 LDS CH CUTS / 21.72 LDS SEL CUTS / 8.36 LDS TRIM / 25.17 LDS GROUND BOXED BEEF TREND: Firm on Choi & lwr on Sel, lgt-mod dem & lgt offers. COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/22 $234.06 -0.20 CUTTER 90% 350# UP C/O: $185.51 +0.27 NAT'L BONELESS BF TRIM: 16.54 lds / Firm to hgr on moder dem-offers. 90% TRIM: 0 lds: Wtd Avg N/A / N/A. FI KILL(WTD) WED 116(341) WK AGO 117(353) YR AGO 122(356) MIX: TUE SH82/CB25 *Revised TUE Cattle Slaughter 107 New Week to Date 225 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 11/16/19 1,184 12,114 Week Ending: 11/09/19 3,235 12,925 Change from prev week: -2,051 -841