DTN Cattle Close/Trends 02/06 15:50
6 Feb 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/06/23 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: 78 WEEK TO DATE: 78 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: A very quiet day with the cash cattle trade at a total standstill. Bids and asking prices have yet to be established, but early ideas are that Southern asking prices will start out around $161 to $162. Due to last week's limited trade, significant trade should take place earlier this week, as packers are rather short bought. 5-AREA LV STR AVG(FOB)PR&WT: $158.39(1470) HIDE&OFFAL: $13.57 +0.05 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $235.73 $217.55 52,374 DEMAND (Box) $254.57 $241.72 42,684 INDEX VALUE $245.15 -0.28 $229.63 +0.35 95,058 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $266.57 +1.83 $253.72 +2.11 63.11 LDS CH CUTS / 10.30 LDS SEL CUTS / 11.23 LDS TRIM / 19.63 LDS GROUND DAILY CHOICE/SELECT SPREAD $12.85 TOTAL LOAD COUNT 104 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/03 $267.47 -3.72 CUTTER 90% 350# UP C/O: $200.02 +1.71 NAT'L BONELESS BF TRIM: 37.66 lds / Mostly stdy on mod dem & offers 90% TRIM: 09 lds: Wtd Avg: $254.00 / Mostly sharply higher FI KILL(WTD) MON 120 WK AGO 121 YR AGO 123 MIX: FRI SH93/CB29 SAT SH12/CB7 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 01/21/23 2,644 9,445 Week Ending: 01/14/22 2,110 10,742 Change from prev week: +534 -1,297