DTN Cattle Close/Trends 12/26 16:14

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/26/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 463 WEEK TO DATE: 1,171 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 463 190.00-190.00 190.00-190.00 190.00 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: 70 WEEK TO DATE: 70 STEERS LIVE FOB 70 190.00-190.00 190.00-190.00 190.00 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: 422 STEERS DRESSED DELIVERED No reportable dressed trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable dressed trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Although bids surfaced in the North early in the day, feedlots remained committed to mostly holding out for better prices. Bids of $190 live and $305 were offered throughout the day, but with asking prices firm at $192 to $193 in the South and $310 in the North - feedlot manager's have their eye's set on higher prices again this week. And with the recent advancement on the board combined with the uptick in boxed beef prices - feedlot managers will likely see the market move in their favor. 5-AREA LV STR AVG(NEG)PR&WT: $191.33(1431) HIDE&OFFAL: $11.44 +0.07 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $295.79 $265.37 38,310 DEMAND (Box) $308.39 $276.77 46,457 INDEX VALUE $302.09 +2.18 $271.07 +0.99 84,767 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $320.39 +4.41 $288.77 +2.02 94.22 LDS CH CUTS / 36.88 LDS SEL CUTS / 25.01 LDS TRIM / 30.11 LDS GROUND DAILY CHOICE/SELECT SPREAD $31.62 TOTAL LOAD COUNT 186 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/20 $310.40 CUTTER 90% 350# UP C/O: $256.36 +0.51 NAT'L BONELESS BF TRIM: 54.91 lds / Firm 90% TRIM: 24 lds: Wtd Avg: $320.45/ Shrply hr on good dem & hvy offers FI KILL(WTD) THR 1(2) WK AGO 1 (4) YR AGO 1 (3) WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 12/14/24 2,191 13,852 Week Ending: 12/07/24 1,653 15,596 Change from prev week: +538 -1,744