DTN Cattle Close/Trends 01/11 15:45
11 Jan 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 01/11/24 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: 1,676 WEEK TO DATE: 1,753 STEERS DRESSED DELIVERED 420 272.00-275.00 272.00-275.00 274.57 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 809 272.00-275.00 272.00-275.00 272.16 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: 3,446 WEEK TO DATE: 8,532 STEERS DRESSED DELIVERED 590 273.00-275.00 273.00-275.00 274.49 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 359 275.00-275.00 275.00-275.00 275.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light trade in parts of the North today with dressed cattle marked at $272 to $275, Steady/weak with last week's weighted average basis Nebraska. The South remains at a standstill. 5-AREA LV STR AVG(FOB)PR&WT: $174.87(1547) HIDE&OFFAL: $11.65 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $265.54 $241.31 51,770 DEMAND (Box) $273.89 $257.94 44,278 INDEX VALUE $269.72 +1.61 $249.63 +1.70 96,048 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $285.89 +2.82 $269.94 +3.00 71.81 LDS CH CUTS / 13.66 LDS SEL CUTS / 9.58 LDS TRIM / 19.75 LDS GROUND DAILY CHOICE/SELECT SPREAD $15.95 TOTAL LOAD COUNT 115 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 01/05 $280.10 -2.51 CUTTER 90% 350# UP C/O: $211.01 -0.87 NAT'L BONELESS BF TRIM: 27.66 lds / Shrply hr on gd dem & lt-mod offers 90% TRIM: 05 lds: Wtd Avg: $264.39 / Unevenly steady FI KILL(WTD) THU 120(424) WK AGO 126(380) YR AGO 122(502) MIX: WED SH89/CB27 ***** REVISION *** WED 116(304) *** REVISION **** WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 12/30/23 675 4,961 Week Ending: 12/23/23 1,530 9,310 Change from prev week: -855 -4,349