DTN Cattle Close/Trends 01/24 15:45
24 Jan 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 01/24/23 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: NA Conf WEEK TO DATE: NA Conf STEERS LIVE FOB NA Due to Confidentiality STEERS LIVE DELIVERED NA Due to Confidentiality HEIFERS LIVE FOB NA Due to Confidentiality HEIFERS LIVE DELIVERED NA Due to Confidentiality IOWA CONFIRMED CASH SALES - TODAY: 298 WEEK TO DATE: 478 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: Another quiet day with the cash trade at a near standstill. Even a token bid is hard to find, asking prices are around $157 in the South, but not established in the North. Significant trade volume will likely be delayed until Wednesday or Thursday. 5-AREA LV STR AVG(FOB)PR&WT: $No Test HIDE&OFFAL: $13.638 -0.05 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $232.74 $212.82 51,624 DEMAND (Box) $257.64 $240.39 47,017 INDEX VALUE $245.19 -0.87 $226.60 -1.03 98,641 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $269.64 -1.80 $252.39 -2.10 87.63 LDS CH CUTS / 22.97 LDS SEL CUTS / 12.71 LDS TRIM / 14.40 LDS GROUND DAILY CHOICE/SELECT SPREAD $17.25 TOTAL LOAD COUNT 138 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 01/20 $274.86 -2.79 CUTTER 90% 350# UP C/O: $196.39 +1.74 NAT'L BONELESS BF TRIM: 29.10 lds / Shrply hr on gd dem & mod offers 90% TRIM: 13 lds: Wtd Avg: $249.45 / Steady to firm FI KILL(WTD) TUE 127(251) WK AGO 128(253) YR AGO 121(239) MIXED: MON SH97/CB27 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 01/07/23 842 8,563 Week Ending: 12/31/22 889 6,942 Change from prev week: -47 +1,621