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DTN Cattle Close/Trends 01/02 15:50

2 Jan 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 01/02/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS DRESSED DELIVERED No reportable trade 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: 0 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: 2,150 WEEK TO DATE: 2,150 STEERS DRESSED DELIVERED No reportable dressed trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable dressed trade HEIFERS DRESSED FOB No reportable trade COMMENTS: A rather quiet day with just some light trade reported in parts of Iowa at $175, it is certainly to early to establish and accurate trend for the week. A more significant trade will likely be delayed until Wednesday or later. 5-AREA LV STR AVG(FOB)PR&WT: $No Test HIDE&OFFAL: $11.92 -0.02 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $263.70 $235.32 52.120 DEMAND (Box) $272.34 $246.86 40,834 INDEX VALUE $268.02 -2.30 $241.09 -0.02 92.954 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $284.34 -5.37 $258.86 -1.47 79.13 LDS CH CUTS / 26.75 LDS SEL CUTS / 12.04 LDS TRIM / 21.14 LDS GROUND DAILY CHOICE/SELECT SPREAD $25.48 TOTAL LOAD COUNT 139 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/29 $282.61 +0.17 CUTTER 90% 350# UP C/O: $204.14 +0.36 NAT'L BONELESS BF TRIM: 23.04 lds / Unevenly stdy on mod dem & offers 90% TRIM: 00 lds: Wtd Avg: $No Test/ Not fully established FI KILL(WTD) MON 0( 0) WK AGO 0( 0) YR AGO 10( 10) TUE 126(126) WK AGO 100(100) YR AGO 124(134) MIX: FRI SH99/CB26 SAT SH23/CB10 MON SH0/CB0 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 12/16/23 2,713 11,939 Week Ending: 12/09/23 2,762 11,399 Change from prev week: -49 +540