DTN Cattle Close/Trends 08/31 16:15
31 Aug 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 08/31/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 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: 0 WEEK TO DATE: 0 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Monday's cash cattle was as lethargic as one could expect as feeders have apprehensions about the week's fate. Anticipation of $1.00 to $2.00 is expected as packers have an exuberant supply of market ready cattle already bought and secured, and boxed beef prices are starting to scale lower. 5-AREA LV STR AVG(FOB)PR&WT: N/A HIDE&OFFAL: $7.88 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $159.43 $142.02 69,891 BOX BASED $215.95 $203.32 39,215 AVE INDEX $187.69 -0.93 $172.67 -1.09 109,106 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $227.95 -1.45 $215.32 +0.46 38.61 LDS CH CUTS / 10.48 LDS SEL CUTS /10.54 LDS TRIM / 13.79 LDS GROUND BOXED BEEF TREND: mixed COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 08/28 $220.10 +8.23 CUTTER 90% 350# UP C/O: $182.74 +0.24 NAT'L BONELESS BF TRIM: 46.01 lds / Stdy on lgt-mod dem & mod offers 90% TRIM: 13 lds: Wtd Avg $226.07 / Stable to firm FI KILL(WTD) MON 119(0) WK AGO 117(0) YR AGO 4 (0) MIX: FRI SH93/CB23 SAT SH58/CB8 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 08/15/20 1,228 6,079 Week Ending: 08/08/20 1,101 6,641 Change from prev week: +127 -5628