DTN Cattle Close/Trends 11/03 18:10

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/03/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 35 WEEK TO DATE: 768 No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable dressed trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 10,549 WEEK TO DATE: 11,440 STEERS DRESSED DELIVERED 4,834 290.00-292.75 292.00-292.75 292.05 STEERS DRESSED FOB 997 294.00-294.00 294.00-294.00 294.00 HEIFERS DRESSED DELIVERED 2,057 292.00-292.00 292.00-292.00 292.00 HEIFERS DRESSED FOB 161 294.00-294.00 294.00-294.00 294.00 TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 417 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: 12,333 WEEK TO DATE: 15,259 STEERS DRESSED DELIVERED 3,107 290.00-292.75 292.00-292.75 291.86 STEERS DRESSED FOB 521 292.00-294.00 292.00-292.00 292.40 HEIFERS DRESSED DELIVERED 153 292.00-292.00 292.00-292.00 292.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Northern dressed trade was marked at mostly $292, $2 higher than last week's weighted averages. At the time of this close Southern trade was extremely minimal. But a few early week deals were marked at $184 to $185. Some $185 bids are on the table in Kansas and Texas but at this time producers continue to pass on them. If trade is picked up in the next several hours, we will post that info right below these comments. UPDATE: 16:45 - Some light trade is starting in parts of Kansas at $185, roughly .50 lower than last week's weighted averages. 17:20 - Light trade is now taking place in Texas at $185, also roughly .50 lower than last week's weighted averages. 18:10 - Dealings in the South were done rather quickly, and it looks as if business is completed for the week. It will be interesting to see just what trade volume totals are when summaries are released on Monday. 5-AREA LV STR AVG(FOB)PR&WT: $184.20(1533) HIDE&OFFAL: $12.64 -0.16 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $280.35 $255.70 21,255 DEMAND (Box) $290.34 $260.01 50,945 INDEX VALUE $285.35 -0.60 $257.86 -0.67 72,200 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $302.34 -2.19 $272.01 -2.33 65.35 LDS CH CUTS / 23.89 LDS SEL CUTS / 37.78 LDS TRIM / 24.38 LDS GROUND DAILY CHOICE/SELECT SPREAD $30.33 TOTAL LOAD COUNT 151 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 10/27 $301.00 +2.38 CUTTER 90% 350# UP C/O: $231.69 +0.79 NAT'L BONELESS BF TRIM: 60.09 lds / Sharply lower on lt dem & hvy offers 90% TRIM: 06 lds: Wtd Avg: $288.92 / Steady to firm FI KILL(WTD) FRI 122(618) WK AGO 118(620) YR AGO 125(638) MIX: THU SH95/CB29 SAT 14(632) WK AGO 16(636) YR AGO 29(668) WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 10/21/23 6,171 10,115 Week Ending: 10/14/23 4,835 10,592 Change from prev week: +1,336 -477