DTN Cattle Close/Trends 11/08 15:35
8 Nov 2017
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/08/17 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 18,719 WEEK T0 DATE: 20,759 STEERS 9,165 122.00-125.00 124.00-124.00 124.00 HEIFERS 6,387 123.00-124.00 124.00-124.00 123.99 NEBRASKA CONFIRMED CASH SALES - TODAY: 15,435 WEEK TO DATE: 18,245 STEERS 2,702 192.00-194.00 192.00-192.00 192.61 HEIFERS 1,275 192.00-194.00 192.00-192.00 192.49 TEXAS CONFIRMED CASH SALES - TODAY: 3,340 WEEK TO DATE: 11,376 STEERS 1,763 124.00-124.00 124.00-124.00 124.00 HEIFERS 971 124.00-124.00 124.00-124.00 124.00 COLORADO CONFIRMED CASH SALES - TODAY: 2,820 WEEK TO DATE: 2,963 STEERS 1,368 124.00-124.00 124.00-124.00 124.00 HEIFERS 968 123.00-124.00 124.00-124.00 123.76 IOWA CONFIRMED CASH SALES - TODAY: 2,349 WEEK TO DATE: 4,539 STEERS 419 190.00-192.00 191.00-192.00 190.94 HEIFERS 258 190.00-190.00 190.00-190.00 190.00 COMMENTS: A light to moderate live trade was reported in the South this morning at mostly 124.00, fully steady with yesterday, but $1 Lr than last week's weighted average. A light to moderate dressed trade developed this afternoon with a full range of 190.00-194.00, mostly 192.00, generally steady with last week's weighted average. 5-AREA LV STR AVE PR&WT: $123.81(1437) HIDE&OFFAL: $10.21 +0.10 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED 184.98 172.50 119,199 BOX BASED 201.13 186.89 48,467 AVE INDEX 193.06 +0.26 179.70 +0.58 167,666 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 213.13 +0.49 198.89 +1.13 64.02 LDS CH CUTS / 41.24 LDS SEL CUTS / 16.76 LDS TRIM / 16.79 LDS GROUND BOXED BEEF TREND: Frm/hr on lt-mod dem & mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/03 $201.79 +2.99 CUTTER 90% 350# UP C/O: $171.00 +0.61 NAT'L BONELESS BF TRIM: 39.10 lds / Unevenly stdy on mod dem & offers 90% TRIM: 08 lds: Wtd Avg $216.09 / Mostly moderately lower *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) WED 116(351) WK AGO 116(349) YR AGO 117(344) MIX: TUE SH94/CB24 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 10/28/17 1,353 5,567 Week Ending: 10/21/17 1,364 9,045 Change from prev week: +746 +2,294