DTN Cattle Close/Trends 04/16 15:45
16 Apr 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 04/16/24 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: 246 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: 12 WEEK TO DATE: 12 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: Some early asking prices of $184-plus were noted in parts of the South, but are not established in the North. Bids remain very elusive. Significant trade volume will likely be delayed until Wednesday or later. 5-AREA LV STR AVG(FOB)PR&WT: $No Test HIDE&OFFAL: $11.72 -0.02 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $277.30 $268.69 53,177 DEMAND (Box) $286.02 $280.64 42,030 INDEX VALUE $281.65 -1.39 $274.66 +0.68 95,207 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $298.02 -2.86 $292.64 +1.30 70.51 LDS CH CUTS / 16.76 LDS SEL CUTS / 7.92 LDS TRIM / 16.15 LDS GROUND DAILY CHOICE/SELECT SPREAD $ 5.38 TOTAL LOAD COUNT 111 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/12 $303.29 -1.21 CUTTER 90% 350# UP C/O: $270.16 +0.62 NAT'L BONELESS BF TRIM: 28.25 lds / Shrply lr on lt dem & lt offers 90% TRIM: 15 lds: Wtd Avg: $349.94 / Sharply higher FI KILL(WTD) TUE 124(245) WK AGO 125(246) YR AGO 129(251) Previous Day Breakdown: MON SH97 / CB24 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 03/30/24 3,363 14,424 Week Ending: 03/23/24 3,431 13,874 Change from prev week: -68 +550