DTN Cattle Close/Trends 11/09 15:35
9 Nov 2018
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/09/18 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 16,122 WEEK T0 DATE: 16,122 STEERS 7,341 114.00-115.00 114.00-115.00 114.09 HEIFERS 3,425 113.00-114.00 113.00-114.00 113.90 NEBRASKA CONFIRMED CASH SALES - TODAY: 23,161 WEEK TO DATE: 37,229 STEERS 4,480 178.00-180.00 178.00-180.00 179.64 HEIFERS 4,033 179.00-180.00 179.00-180.00 179.46 TEXAS CONFIRMED CASH SALES - TODAY: 3,653 WEEK TO DATE: 3,653 STEERS 1,688 114.00-115.00 114.00-115.00 114.26 HEIFERS 1,303 114.00-115.00 114.00-115.00 114.28 COLORADO CONFIRMED CASH SALES - TODAY: 1,178 WEEK TO DATE: 1,178 STEERS 899 114.00-114.00 114.00-114.00 114.00 HEIFERS 201 114.00-114.00 114.00-114.00 114.00 IOWA CONFIRMED CASH SALES - TODAY: 10,141 WEEK TO DATE: 27,410 STEERS 5,085 176.00-180.00 176.00-180.00 177.53 HEIFERS 494 176.00-180.00 176.00-180.00 178.98 COMMENTS: A light to moderate trade developed in most areas today, with Northern live deals marked at $113 to $114.50, generally $1.50 to $2 lower than last week. Dressed business in that area ranged from $176 to $180, mostly $178 to $180 steady to $1 lower than last week's weighted average basis Nebraska. Southern live deals were at $114 to $115, mostly $114, generally $2 lower than last week. 5-AREA LV STR AVE PR&WT: $112.02(1526) HIDE&OFFAL: $9.19 +0.06 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED 172.90 158.23 90,046 BOX BASED 203.20 186.72 43,493 AVE INDEX 188.05 -0.61 172.47 -0.38 133,539 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 215.20 -0.87 198.72 -0.39 63.41 LDS CH CUTS / 9.63 LDS SEL CUTS / 5.41 LDS TRIM / 18.33 LDS GROUND BOXED BEEF TREND: Wk/lr on lt dem & lt-mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/02 $210.97 +5.08 CUTTER 90% 350# UP C/O: $154.51 +1.88 NAT'L BONELESS BF TRIM: 16.93 lds / Shrply hr on gd dem & lt offers 90% TRIM: 08 lds: Wtd Avg $191.67 / Sharply higher FI KILL(WTD) FRI 114(587) WK AGO 117(589) YR AGO 112(580) MIX: THU SH92/CB24 SAT 53(640) WK AGO 54(643) YR AGO 44(624) WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 10/27/18 4,340 8,785 Week Ending: 10/20/18 3,701 9,756 Change from prev week: +639 -971