DTN Cattle Close/Trends 11/26 15:48
26 Nov 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/26/24 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: 179 WEEK TO DATE: 944 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB 143 295.50-295.50 295.50-295.50 295.50 HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: It was another quiet day for the cash cattle complex as the market sat mostly idle. Asking prices are noted in the South at $189 but are still not established in the North. There's a chance that trade could begin to develop on Wednesday, but there's also the chance that the week's trade is delayed until Friday as feedlot mangers are eager to push the market higher again this week. 5-AREA LV STR AVG(NEG)PR&WT: $187.87(1557) HIDE&OFFAL: $11.20 +0.05 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $283.16 $253.23 52,138 DEMAND (Box) $299.57 $263.49 45,791 INDEX VALUE $291.36 +0.92 $263.49 +0.36 97,929 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $311.57 +1.86 $275.49 +1.75 80.56 LDS CH CUTS / 24.25 LDS SEL CUTS / 4.86 LDS TRIM / 19.52 LDS GROUND DAILY CHOICE/SELECT SPREAD $36.08 TOTAL LOAD COUNT 129 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/22 $302.58 -5.38 CUTTER 90% 350# UP C/O: $260.35 -1.13 NAT'L BONELESS BF TRIM: 5.94 lds / Shply hgh on good dem & offers 90% TRIM: 12 lds: Wtd Avg: $328.45 / Moderately lower FI KILL(WTD) TUE 126(246) WK AGO 126(244) YR AGO 127(251) *PREVIOUS DAY BREAKDOWN: MONDAY SH102/CB18 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 11/09/24 3,587 12,585 Week Ending: 11/02/24 3,658 13,750 Change from prev week: -71 -1,165