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DTN Cattle Close/Trends 12/03 16:25

3 Dec 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/03/24 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: 266 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: 0 WEEK TO DATE: 44 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 quiet day with the cash cattle trade at a complete standstill. A few bids were noted in parts of Kansas at $190, several dollars below early asking prices of around $192 to $194 in the South. Significant trade volume will likely be delayed until Wednesday or later. NOTE: The USDA has revised the Afternoon Daily Boxed Beef Cutout and Boxed Beef Cuts- Negotiated Sales Report and the USDA Beef Carcass Price Equivalent Index Value (Corrections are noted with an * behind the change). 5-AREA LV STR AVG(NEG)PR&WT: $190.00(1450) HIDE&OFFAL: $11.20 Unch CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $290.87 $258.67 63,265 DEMAND (Box) $298.83* $263.33 44,681* INDEX VALUE $294.85* -0.55* $261.14* -0.30* 107,946* BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $310.83* -2.18* $275.33 -1.67 80.30*LDS CH CUTS / 29.18 LDS SEL CUTS / 15.61 LDS TRIM / 29.17 LDS GROUND DAILY CHOICE/SELECT SPREAD $35.5* TOTAL LOAD COUNT 154* COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/29 $302.00 -0.58 CUTTER 90% 350# UP C/O: $257.93 +0.02 NAT'L BONELESS BF TRIM: 47.81 lds / Sharply hr on gd dem & mod offers 90% TRIM: 19 lds: Wtd Avg: $324.58 / Generally steady FI KILL(WTD) TUE 125(242) WK AGO 126(246) YR AGO 127(251) *PREVIOUS DAY BREAKDOWN: MONDAY SH95 / CB22* WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 11/16/24 2,495 12,383 Week Ending: 11/09/24 3,587 12,585 Change from prev week: -1,092 -202