DTN Cattle Close/Trends 12/21 15:50
22 Dec 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/21/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 4,496 WEEK TO DATE: 4,790 2,752 170.00-172.00 170.00-172.00 170.99 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,221 170.00-171.00 170.00-171.00 170.79 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 5,826 WEEK TO DATE: 13,359 STEERS DRESSED DELIVERED 1,316 270.00-272.00 270.00-272.00 270.90 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 3,349 WEEK TO DATE: 3,384 2,,073 171.00-171.00 171.00-171.00 171.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 595 171.00-171.00 171.00-171.00 171.00 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: 3,241 WEEK TO DATE: 18,282 STEERS DRESSED DELIVERED 881 271.00-271.00 271.00-271.00 271.00 STEERS DRESSED FOB 650 271.00-273.00 271.00-273.00 271.92 HEIFERS DRESSED DELIVERED 80 270.00-271.00 270.00-271.00 270.50 HEIFERS DRESSED FOB 100 273.00-273.00 273.00-273.00 273.00 COMMENTS: A light trade finally developed in the South today at mostly $271, $1 higher than last week's weighted averages. Light business was also reported in the North again today at mostly $271, $3 higher than last week's weighted average basis Nebraska. The December 1 on feed report listed 12.0 million head, up 3% from December 2022. Placements in November totaled 1.87 million head, 2% below last year; marketings in November totaled 1.75 million head, 7% less than the prior year; other disappearance in November totaled 54,000 head, 5% under the same time last year. 5-AREA LV STR AVG(FOB)PR&WT: $170.50(1516) HIDE&OFFAL: $11.69 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $259.02 $230.06 41,737 DEMAND (Box) $280.93 $249.15 46,307 INDEX VALUE $269.97 +1.27 $239.60 +0.31 88,044 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $292.93 +1.80 $261.15 -0.12 51.32 LDS CH CUTS / 15.27 LDS SEL CUTS / 11.67 LDS TRIM / 11.71 LDS GROUND DAILY CHOICE/SELECT SPREAD $31.78 TOTAL LOAD COUNT 90 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/15 $282.36 -3.86 CUTTER 90% 350# UP C/O: $202.85 +0.33 NAT'L BONELESS BF TRIM: 31.95 lds / Shrply lr on lt dem & mod offers 90% TRIM: 00 lds: Wtd Avg: $No Test/ Not fully established FI KILL(WTD) FRI 117(614) WK AGO 121(626) YR AGO 98(548) MIX: THU SH98/CB27 SAT 7(621) WK AGO 23(649) YR AGO 3(552) WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 12/09/23 2,762 11,399 Week Ending: 12/02/23 4,188 14,385 Change from prev week: -1,426 -2,986