DTN Cattle Close/Trends 11/17 15:40
17 Nov 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/17/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 340 WEEK TO DATE: 5,772 340 177.00-177.00 177.00-177.00 177.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 1,239 WEEK TO DATE: 18,434 STEERS DRESSED DELIVERED 876 278.00-280.00 278.00-280.00 278.71 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: 6,090 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: 2,721 WEEK TO DATE: 16,924 STEERS DRESSED DELIVERED 69 278.00-282.00 278.00-282.00 279.97 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 149 282.00-282.00 282.00-282.00 282.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Just a little light cleanup today, this week the bulk of business was marked as follows: Southern live deals were at $178, $2 to $3 lower than last week's weighted averages. Northern dressed trade was at mostly $282, $4 lower than the prior week's weighted averages. The November 1 on feed report listed 11.9 million head, up 2% from November 2022. Placements in October totaled 2.16 million head, 4% above last year; marketings in October totaled 1.76 million head, 3% less than the prior year; other disappearance in October totaled 55,000 head, 2% above the same time last year. 5-AREA LV STR AVG(FOB)PR&WT: $177.85(1469) HIDE&OFFAL: $12.50 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $268.54 $242.24 44,894 DEMAND (Box) $281.87 $258.70 44,954 INDEX VALUE $275.20 -1.82 $250.47 +0.14 89,848 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $293.87 -0.85 $270.70 +3.05 55.07 LDS CH CUTS / 12.21 LDS SEL CUTS / 4.02 LDS TRIM / 13.33 LDS GROUND DAILY CHOICE/SELECT SPREAD $23.17 TOTAL LOAD COUNT 85 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/10 $296.75 -3.09 CUTTER 90% 350# UP C/O: $225.03 +3.75 NAT'L BONELESS BF TRIM: 22.92 lds / Mostly shrply hr on gd dem & lt offers 90% TRIM: 04 lds: Wtd Avg: $280.09 / Sharply higher FI KILL(WTD) FRI 121(616) WK AGO 114(607) YR AGO 124(636) MIX: THU SH91/CB28 SAT 20(636) WK AGO 11(618) YR AGO 35(672) WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 11/04/23 4,133 12,507 Week Ending: 10/28/23 4,708 11,404 Change from prev week: -575 +1,103