DTN Cattle Close/Trends 01/05 17:00

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 01/05/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 870 WEEK TO DATE: 1,069 870 172.00-172.00 172.00-172.00 172.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 5,693 WEEK TO DATE: 22,021 STEERS DRESSED DELIVERED 544 274.00-275.00 274.00-275.00 274.73 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable dressed trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 519 WEEK TO DATE: 519 119 172.00-172.00 172.00-172.00 172.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 400 172.00-172.00 172.00-172.00 172.00 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: 1,004 WEEK TO DATE: 22,219 STEERS DRESSED DELIVERED 152 273.00-276.00 273.00-276.00 275.31 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 120 273.00-275.00 273.00-275.00 274.33 HEIFERS DRESSED FOB No reportable trade COMMENTS: At the time of this close only a handful of trade had taken place in the South at $172 to $173, steady to $1 higher than last week's weighted averages. Another round of light trade was reported in parts of the North today, steady weak with the rest of the week's sales. If more trade is reported later this afternoon. It will be updated in these comments. UPDATE: 17:00 - A light trade has developed in the South at mostly $173, $1 higher than last week's weighted averages. 5-AREA LV STR AVG(FOB)PR&WT: $174.51(1524) HIDE&OFFAL: $11.74 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $264.73 $236.35 90,816 DEMAND (Box) $265.16 $247.53 52,583 INDEX VALUE $264.95 +0.94 $241.94 +0.66 143,399 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $277.16 +1.26 $259.53 +0.71 60.81 LDS CH CUTS / 17.97 LDS SEL CUTS / 5.62 LDS TRIM / 26.64 LDS GROUND DAILY CHOICE/SELECT SPREAD $17.63 TOTAL LOAD COUNT 111 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/29 $282.61 +0.17 CUTTER 90% 350# UP C/O: $205.24 +1.78 NAT'L BONELESS BF TRIM: 35.23 lds / Mostly shrply lr on lt dem & offers 90% TRIM: 14 lds: Wtd Avg: $256.00 / Unevenly steady FI KILL(WTD) THU 126(380) WK AGO 125(350) YR AGO 128(386) MIX: WED SH101/CB27 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 12/23/23 1,530 9,310 Week Ending: 12/16/23 2,713 11,939 Change from prev week: -1,183 -2,629