DTN Cattle Close/Trends 01/16 15:35

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 01/16/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB 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 STEERS LIVE FOB 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: 15 WEEK TO DATE: 15 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Another very quiet day in cash cattle country. Although a few bids were noted today in parts of Nebraska and Iowa at $273/$175 respectively. Significant trade volume will be delayed until Thursday and/or Friday. 5-AREA LV STR AVG(FOB)PR&WT: $No Test HIDE&OFFAL: $11.66 +0.02 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $263.89 $244.03 38,281 DEMAND (Box) $286.45 $271.02 41,744 INDEX VALUE $275.17 +1.68 $257.53 +1.47 80,025 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $298.45 +3.46 $283.02 +3.04 59.66 LDS CH CUTS / 14.95 LDS SEL CUTS / 9.68 LDS TRIM / 17.78 LDS GROUND DAILY CHOICE/SELECT SPREAD $15.43 TOTAL LOAD COUNT 102 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 01/12 $280.51 +0.41 CUTTER 90% 350# UP C/O: $216.00 +7.97 NAT'L BONELESS BF TRIM: 16.57 lds / Shrply hr on gd dem & lt-mod offers 90% TRIM: 05 lds: Wtd Avg: $266.15 / Mosty sharply lower FI KILL(WTD) WED 118(341) WK AGO 116(304) YR AGO 122(375) BREAKDOWN: TUE - SH87/CB24 *** REVISION ** TUE 111(223) ** REVISION *** WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 01/06/23 1,363 6,038 Week Ending: 12/30/23 675 4,961 Change from prev week: +688 +1,077