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24 Dec 2024
Comments for Tuesday, 12/24: Asking prices still haven't been listed, but it's assumed cattle will trade at least steady again this week, if not higher. Given that packers only bought 49,000 head in last week's cash market, they'll need to purchase more cattle this week to avoid being short-bought. NOTE: USDA is closed Tuesday and Wednesday, Dec. 24, 25. Most of the reports for this page will not be released again until Thursday, Dec. 26. USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/23/24 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: 35 WEEK TO DATE: 35 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: It was a quiet day for the cash cattle market with no trade developing. But with packers only having bought 49,000 head last week, it's likely they'll need step to in and be aggressive in the market at some point this week to avoid being short bought. NOTE: USDA is closed Tuesday and Wednesday, Dec. 24, 25. Most of the reports for this page will not be released again until Thursday, Dec. 26. 5-AREA LV STR AVG(NEG)PR&WT: $193.83(1532) HIDE&OFFAL: $11.37 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $295.84 $265.42 38,748 DEMAND (Box) $303.98 $274.75 41,300 INDEX VALUE $299.91 unch $270.08 +0.47 80,048 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $315.98 +0.13 $286.75 +0.84 66.33 LDS CH CUTS / 20.60 LDS SEL CUTS / 13.50 LDS TRIM / 13.97 LDS GROUND DAILY CHOICE/SELECT SPREAD $29.23 TOTAL LOAD COUNT 114 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/20 $310.40 CUTTER 90% 350# UP C/O: $255.85 +0.74 NAT'L BONELESS BF TRIM: 33.27 lds / Mixed 90% TRIM: 10 lds: Wtd Avg: $322.57/ FI KILL(WTD) MON 118 WK AGO 118 YR AGO .1 *PREVIOUS DAY BREAKDOWN: FRIDAY SH95 / CB22* WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 12/07/24 1,653 15,596 Week Ending: 11/30/24 2,351 9,206 Change from prev week: -698 +6,390
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