DTN Cattle Close/Trends 11/29 15:45
29 Nov 2019
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/29/19 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 12,726 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 1,269 WEEK TO DATE: 23,251 STEERS DRESSED DELIVERED 321 187.00-187.00 187.00-187.00 187.00 STEERS DRESSED FOB 204 187.00-187.00 187.00-186.00 187.00 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: 2,851 WEEK TO DATE: 11,442 STEERS DRESSED DELIVERED 564 187.00-188.00 187.00-188.00 187.13 STEERS DRESSED FOB 258 187.00-187.00 187.00-187.00 187.00 HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Most fear holiday weeks because they typically undermine the market - the board doesn't trade well and cash cattle bid are limited. Well this week was advantageous for the market. The board performed well and cash markets rallied upward of $2.00 to $4.00. It may have been a holiday week but business got done. 5-AREA LV STR AVG(FOB)PR&WT: N/A HIDE&OFFAL: $9.08 -0.02 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $179.51 $155.61 63,009 BOX BASED $220.12 $198.34 42,091 AVE INDEX $199.81 +1.05 $176.97 +0.96 105,100 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $232.12 -0.12 $210.34 -0.30 32.20 LDS CH CUTS / 14.20 LDS SEL CUTS / 8.04 LDS TRIM / 10.33 LDS GROUND BOXED BEEF TREND: Stdy-wk on lgt-moder dem & offers. COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/22 $234.06 -0.20 CUTTER 90% 350# UP C/O: $190.32 +4.81 NAT'L BONELESS BF TRIM: 47.26 lds / Unevenly stdy on lgt dem & moder offers. 90% TRIM: 10 lds: Wtd Avg $250.18 / Sharply higher. FI KILL(WTD) THR 2(343) WK AGO 114(467) YR AGO 121(477) MIX: WED SH90/CB26 FRI 115 (458) WK AGO 114 (581) YR AGO 122 (599) SAT 98 (556) WK AGO 81 (662) YR AGO 42 (641) MIX: THR 1/1 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