DTN Cattle Close/Trends 11/06 15:45
6 Nov 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/06/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 527 WEEK TO DATE: 17,783 STEERS LIVE FOB 365 107.00-107.00 107.00-107.00 107.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 162 107.00-107.00 107.00-107.00 107.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 629 WEEK TO DATE: 39,833 STEERS DRESSED DELIVERED 400 167.00-167.00 167.00-167.00 167.00 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: 6,992 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: NA Conf WEEK TO DATE: NA Conf STEERS LIVE FOB NA Due to Confidentiality STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB NA Due to Confidentiality HEIFERS LIVE DELIVERED No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 3,207 WEEK TO DATE: 30,678 STEERS DRESSED DELIVERED 165 165.00-165.00 165.00-165.00 165.00 STEERS DRESSED FOB 290 167.00-167.00 167.00-167.00 167.00 HEIFERS DRESSED DELIVERED 168 167.00-167.00 167.00-167.00 167.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Friday's cash cattle market wasn't overly exciting as the day passed with only some light, clean-up trade. Following last week's disappointing cash cattle trade, this week's market was substantially stronger as not only were prices higher, but a larger volume of cattle sold. Heading into next week, feedlots are expected to price their cattle higher and if the board will cooperate, higher prices aren't out of the question. 5-AREA LV STR AVG(FOB)PR&WT: $106.06 1533 HIDE&OFFAL: $8.36 unch CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $160.01 $142.23 106,424 BOX BASED $202.32 $186.49 54,495 AVE INDEX $181.17 +1.34 $164.36 +0.21 160,919 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $214.32 +1.77 $198.49 -0.48 59.96 LDS CH CUTS / 21.29 LDS SEL CUTS / 23.03 LDS TRIM / 10.85 LDS GROUND BOXED BEEF TREND: Not available due to changes on USDA reports COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 10/30 $204.75 -0.81 CUTTER 90% 350# UP C/O: $165.90 +1.88 NAT'L BONELESS BF TRIM: 64.67 lds /sharply higher/good dem/hvy offers 90% TRIM: 12 lds: Wtd Avg $201.40/ sharply higher FI KILL(WTD) FRI 109(588) WK AGO 114(574) YR AGO 118(594) MIX: THR SH95/CB25 SAT 59(657) WK AGO 64(638) YR AGO 63(657) WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 10/24/20 2,240 11,453 Week Ending: 10/17/20 2,500 10,641 Change from prev week: -260 +812