DTN Cattle Close/Trends 11/23 16:35
23 Nov 2018
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/23/18 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 40 WEEK T0 DATE: 20,791 STEERS No reportable trade HEIFERS 40 116.00-116.00 116.00-116.00 116.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 4,482 WEEK TO DATE: 46,827 STEERS 490 183.00-185.00 183.00-185.00 183.47 HEIFERS 777 183.00-185.00 183.00-185.00 183.94 TEXAS CONFIRMED CASH SALES - TODAY: 370 WEEK TO DATE: 10,457 STEERS No reportable trade HEIFERS 370 117.00-117.00 117.00-117.00 117.00 COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 1,258 WEEK TO DATE: 39,219 STEERS 1,190 178.00-185.00 178.00-185.00 184.06 HEIFERS No reportable trade COMMENTS: Cash action in feedlot country was very quiet, largely because business late Wednesday turned out to be more substantial than originally thought (i.e., $116-$117 in the South, mostly $116 in the North). A few dressed deals in Nebraska and Iowa were marked as high as $182-$185. 5-AREA LV STR AVE PR&WT: $115.51(1465) HIDE&OFFAL: $9.36 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED 172.95 157.78 180,264 BOX BASED 201.85 186.51 43,665 AVE INDEX 187.40 +1.46 172.15 +1.51 223,929 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 213.85 +0.16 198.51 +0.25 25.80 LDS CH CUTS / 17.50 LDS SEL CUTS / 6.02 LDS TRIM / 12.47 LDS GROUND BOXED BEEF TREND: Stdy on mod dem & lgt offers. COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/16 $210.91 -1.79 CUTTER 90% 350# UP C/O: $156.33 +1.43 NAT'L BONELESS BF TRIM: 20.33 lds / Unevenly stdy 90% TRIM: 7 lds: Wtd Avg $194.28 / Unevenly stdy on lgt dem & offers FI KILL(WTD) THU 2 (119) WK AGO 0 (358) YR AGO 467(364)MIX: WED SH93/CB25 FRI 120(478) WK AGO 120 (587) YR AGO 115(479)MIX: THR SH 1/CB 1 SAT 92(570) WK AGO 54 (641) YR AGO 96(575) 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