DTN Cattle Close/Trends 11/21 15:55
21 Nov 2018
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/21/18 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 135 WEEK T0 DATE: 135 STEERS No reportable trade HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 2,308 WEEK TO DATE: 2,448 STEERS 1,480 180.00-180.00 180.00-180.00 180.00 HEIFERS 601 180.00-180.00 180.00-180.00 180.00 TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 2,165 STEERS No reportable trade HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 10,992 WEEK TO DATE: 16,312 STEERS 3,902 180.00-180.00 180.00-180.00 180.00 HEIFERS 581 180.00-180.00 180.00-180.00 180.00 COMMENTS: The fed cattle trade was thinly tested at mid-week. Nebraska and Kansas both sold cattle at $180/dressed. For the most part, it looks like significant trade will be delayed until sometime Friday. 5-AREA LV STR AVE PR&WT: $113.74(1506) HIDE&OFFAL: $9.36 +.03 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED 170.19 155.02 86,146 BOX BASED 201.69 186.26 48,405 AVE INDEX 185.94 -0.09 170.64 +0.03 134,551 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 213.69 -0.40 198.26 -0.17 98.54 LDS CH CUTS / 20.67 LDS SEL CUTS / 12.75 LDS TRIM / 42.98 LDS GROUND BOXED BEEF TREND: Stdy-wk on lgt-moder dem & mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/16 $210.91 -1.79 CUTTER 90% 350# UP C/O: $154.90 +0.32 NAT'L BONELESS BF TRIM: 52.68 lds / Shrply lwr on lgt dem-moder offers 90% TRIM: 16 lds: Wtd Avg $192.35 / Unevenly stdy FI KILL(WTD) WED 118(356) WK AGO 118(348) YR AGO 121(364)MIX: TUE SH94/CB25 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 11/10/18 2,482 9,112 Week Ending: 11/03/18 2,257 7,316 Change from prev week: +225 +1,796