DTN Cattle Close/Trends 11/24 15:45
24 Nov 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/24/20 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: 65 WEEK TO DATE: 65 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: 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: 2,466 WEEK TO DATE: 2,545 STEERS DRESSED DELIVERED 310 172.00-172.00 172.00-172.00 172.00 STEERS DRESSED FOB 748 171.00-171.00 171.00-171.00 171.00 HEIFERS DRESSED DELIVERED 114 172.00-172.00 172.00-172.00 172.00 HEIFERS DRESSED FOB Report Not Available COMMENTS: Tuesday's trade was uneventful again for the cash cattle market but as the week progresses into Wednesday and now successfully has two day's of higher closes behind it, feedlots are determined to get higher prices for their cattle this week. With the board's support and higher boxed beef values, an advancement of $2.00 to $4.00 stronger is seeming attainable. 5-AREA LV STR AVG(FOB)PR&WT: N/A (N/A) HIDE&OFFAL: $8.45 Unchgd CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $164.38 $146.75 84,050 BOX BASED $232.30 $207.71 51,140 AVE INDEX $198.34 +1.34 $177.23 +1.11 135,190 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $244.30 +2.70 $219.71 +2.23 97.10 LDS CH CUTS / 20.89 LDS SEL CUTS / 11.71 LDS TRIM / 31.54 LDS GROUND BOXED BEEF TREND: Not available due to changes on USDA reports COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/20 $226.48 +10.82 CUTTER 90% 350# UP C/O: $168.05 +0.63 NAT'L BONELESS BF TRIM: 36.60 lds / Mstly moder higher on a light test 90% TRIM: 04 lds: Wtd Avg $203.82 / Stdy to firm on mod dem & offers FI KILL(WTD) TUE 122(242) WK AGO 121(240) YR AGO 109(229) MIX: MON SH95/CB25 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 11/07/20 3,160 11,349 Week Ending: 10/31/20 3,134 10,720 Change from prev week: +26 +629