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DTN Cattle Close/Trends 10/18 15:45

19 Oct 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 10/18/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 3,954 WEEK TO DATE: 3,954 STEERS LIVE FOB 1,699 183.00-184.00 183.00-184.00 183.93 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,487 183.00-184.00 183.00-184.00 183.93 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 6,036 WEEK TO DATE: 6,684 STEERS DRESSED DELIVERED 2,328 294.00-294.00 294.00-294.00 294.00 STEERS DRESSED FOB 850 295.00-295.00 295.00-295.00 295.00 HEIFERS DRESSED DELIVERED 37 294.00-294.00 294.00-294.00 294.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 1,292 WEEK TO DATE: 1,587 STEERS LIVE FOB 647 182.00-184.00 182.00-184.00 183.18 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 276 184.00-184.00 184.00-184.00 184.00 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: 8,387 WEEK TO DATE: 13,002 STEERS DRESSED DELIVERED 1,584 292.00-294.00 292.00-294.00 293.67 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 516 292.00-294.00 292.00-294.00 292.53 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light trade was reported in parts of the North at mostly $294, $2 higher than last week's weighted averages. Very scattered live sales were reported in parts of the South, at $184, $1 higher than last week's weighted averages. Although much of today's trade took place after the Mandatory cutoff more should need to take place tomorrow. 5-AREA LV STR AVG(FOB)PR&WT: $186.91(1543) HIDE&OFFAL: $13.02 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $280.04 $256.31 51,821 DEMAND (Box) $292.12 $265.78 50,155 INDEX VALUE $286.08 +0.43 $261.05 +0.02 101,976 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $304.12 +0.26 $277.48 -0.87 97.64 LDS CH CUTS / 45.25 LDS SEL CUTS / 5.68 LDS TRIM / 15.90 LDS GROUND DAILY CHOICE/SELECT SPREAD $26.64 TOTAL LOAD COUNT 164 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 10/13 $296.75 -0.18 CUTTER 90% 350# UP C/O: $233.74 -2.65 NAT'L BONELESS BF TRIM: 30.74 lds / Firm to hr on mod dem & lt offers 90% TRIM: 18 lds: Wtd Avg: $292.79 / Sharply lower FI KILL(WTD) THU 125(502) WK AGO 120(499) YR AGO 130(509) MIX: TUE SH99/CB28 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 10/07/23 5,690 10,194 Week Ending: 09/30/23 3,744 12,564 Change from prev week: +1,946 -2,370