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DTN Cattle Close/Trends 11/07 16:25

7 Nov 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/07/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 91 WEEK TO DATE: 707 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: 1,289 WEEK TO DATE: 1,289 STEERS DRESSED DELIVERED 204 294.00-294.00 294.00-294.00 294.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable dressed 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: 572 WEEK TO DATE: 727 STEERS DRESSED DELIVERED 550 188.00-188.00 188.00-188.00 188.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: 16:20 UPDATE - A light dressed trade is being reported in parts of Nebraska at $294, roughly $3 lower than last week's weighted averages. Just a handful of trade was reported in parts of the North today ($186 to $188/$294), but certainly not enough to establish any kind of an accurate trend for the week. In the South at asking prices are around $190 to $192, but still not fully established in the North. Significant trade volume will be delayed until sometime Friday. 5-AREA LV STR AVG(NEG)PR&WT: $No Test HIDE&OFFAL: $10.93 -0.12 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $285.94 $260.67 16,170 DEMAND (Box) $297.46 $267.72 48,707 INDEX VALUE $291.70 -3.50 $264.19 -2.17 64,877 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $309.46 -6.13 $279.72 -3.48 104.41 LDS CH CUTS / 36.35 LDS SEL CUTS / 6.66 LDS TRIM / 31.67 LDS GROUND DAILY CHOICE/SELECT SPREAD $29.74 TOTAL LOAD COUNT 179 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/01 $316.14 +0.73 CUTTER 90% 350# UP C/O: $270.12 +1.03 NAT'L BONELESS BF TRIM: 67.09 lds / Modly/shrply lr on lt dem & lt offers 90% TRIM: 23 lds: Wtd Avg: $340.68 / Firm to slightly higher FI KILL(WTD) THU 125(494) WK AGO 121(490) YR AGO 124(498) *PREVIOUS DAY BREAKDOWN: WEDNESDAY SH/101 CB/24* WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 10/26/24 4,193 13,201 Week Ending: 10/19/24 3,217 12,551 Change from prev week: +976 +650