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DTN Cattle Close/Trends 12/15 15:40

15 Dec 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/15/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 750 WEEK TO DATE: 788 327 168.00-170.00 168.00-170.00 169.67 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 244 168.00-170.00 168.00-170.00 168.74 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 341 WEEK TO DATE: 11,340 STEERS DRESSED DELIVERED 341 268.00-268.00 268.00-268.00 268.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 339 WEEK TO DATE: 339 64 170.00-170.00 170.00-170.00 170.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 275 170.00-170.00 170.00-170.00 170.00 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: 3,464 WEEK TO DATE: 9,996 STEERS DRESSED DELIVERED 1,315 267.00-267.00 267.00-267.00 267.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Midafternoon today, a light trade developed in the South, at mostly $170, roughly $1 lower than the prior week's weighted averages. In the North this week dressed deals had a range of $264 to $268, mostly $267 to $268, $2 to $3 lower than the previous week's weighted averages. Live sales were marked at $165 to $170, mostly $167 to $168, $2 to $3 lower than the week before. 5-AREA LV STR AVG(FOB)PR&WT: $167.56(1570) HIDE&OFFAL: $11.88 +0.03 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $255.54 $226.75 21,778 DEMAND (Box) $279.64 $248.82 55,736 INDEX VALUE $267.59 -0.61 $237.79 +1.01 77,514 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $291.64 -0.68 $260.82 +2.56 73.83 LDS CH CUTS / 18.31 LDS SEL CUTS / 23.94 LDS TRIM / 18.08 LDS GROUND DAILY CHOICE/SELECT SPREAD $30.82 TOTAL LOAD COUNT 134 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/08 $286.22 -3.64 CUTTER 90% 350# UP C/O: $209.07 +7.98 NAT'L BONELESS BF TRIM: 60.62 lds / Mostly modly lr on lt-mod dem& hvy offers 90% TRIM: 10 lds: Wtd Avg: $258.61 / Sharply higher FI KILL(WTD) FRI 121(626) WK AGO 122(624) YR AGO 118(603) MIX: THU SH98/CB27 SAT 23(649) WK AGO 11(635) YR AGO 20(622) WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 12/02/23 4,188 14,385 Week Ending: 11/25/23 3,021 10,915 Change from prev week: +1,167 +3,470