DTN Cattle Close/Trends 11/21 16:12
21 Nov 2017
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/21/17 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 6,901 WEEK T0 DATE: 11,855 STEERS 3,984 117.00-119.00 117.00-118.00 118.02 HEIFERS 1,947 117.00-118.50 117.00-118.00 117.97 NEBRASKA CONFIRMED CASH SALES - TODAY: 5,164 WEEK TO DATE: 5,421 STEERS 1,799 188.00-188.00 188.00-188.00 188.00 HEIFERS 200 188.00-188.00 188.00-188.00 188.00 TEXAS CONFIRMED CASH SALES - TODAY: 4,267 WEEK TO DATE: 7,585 STEERS 3,222 118.00-118.00 118.00-118.00 118.00 HEIFERS 145 118.00-118.00 118.00-118.00 118.00 COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 863 WEEK TO DATE: 3,431 STEERS 80 188.00-188.00 188.00-188.00 188.00 HEIFERS 11 188.00-188.00 188.00-188.00 188.00 COMMENTS: Light to moderate trade volume developed in most area. Live business in the South was $1 lower at $118. Live sales in the North ranged from $118-$120, mostly steady with last week's weighted average basis Nebraska. 5-AREA LV STR AVE PR&WT: $118.00(1249) HIDE&OFFAL: $10.40 unch CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED 180.51 164.64 90,940 BOX BASED 196.63 176.65 55,865 AVE INDEX 188.57 +1.13 170.44 +0.21 146,805 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 208.63 +2.45 188.65 +0.60 85.63 LDS CH CUTS / 50.34 LDS SEL CUTS / 19.48 LDS TRIM / 22.23 LDS GROUND BOXED BEEF TREND: Shply hgr on Ch; firm on Sel on moder dem-hvy offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/17 $204.27 -1.50 CUTTER 90% 350# UP C/O: $168.07 -0.13 NAT'L BONELESS BF TRIM: 33.65 lds / Stdy on moder dem & offers. 90% TRIM: 64 lds: Wtd Avg $NA / Unevenly stdy *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) TUE 120(240) WK AGO 118 (235) YR AGO 116 (232) MIX: MON SH98/CB22 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 11/04/17 2,106 7,203 Week Ending: 10/28/17 1,353 5,567 Change from prev week: +753 +1,636