DTN Cattle Close/Trends 01/04 15:40
4 Jan 2019
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 01/04/19 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 256 WEEK T0 DATE: 21,315 STEERS 80 123.00-123.00 123.00-123.00 123.00 HEIFERS No reportable live trade NEBRASKA CONFIRMED CASH SALES - TODAY: 19,733 WEEK TO DATE: 40,108 STEERS 7,523 194.00-195.25 194.00-195.25 195.01 HEIFERS 3,735 195.00-195.00 195.00-195.00 195.00 TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 3,561 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: 19,323 WEEK TO DATE: 25,018 STEERS 4,739 193.00-195.00 193.00-195.00 194.21 HEIFERS 2,406 194.00-195.00 194.00-195.00 194.50 COMMENTS: A light to moderate dressed trade developed today with the majority of deals marked at $195, fully steady with last week's weighted average basis NE. Yesterday saw a fairly active live trade in the South and parts of the North at mostly $123, also fully steady with last week's weighted average. 5-AREA LV STR AVE PR&WT: $122.84(1438) HIDE&OFFAL: $8.89 +0.02 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED 185.79 175.93 112,271 BOX BASED 202.51 195.66 42,626 AVE INDEX 194.15 -0.73 185.79 -0.60 154,897 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 214.51 -1.98 207.66 -1.72 66.14 LDS CH CUTS / 26.24 LDS SEL CUTS / 3.08 LDS TRIM / 20.83 LDS GROUND BOXED BEEF TREND: Lr on lt-mod dem & hvy offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/28 $212.25 +3.34 CUTTER 90% 350# UP C/O: $156.49 -0.15 NAT'L BONELESS BF TRIM: 14.37 lds / Mostly modly lr on lt dem & offers 90% TRIM: 00 lds: Wtd Avg $No Test/ Generally steady FI KILL(WTD) FRI 119(428) WK AGO 115(352) YR AGO 119(461) MIX: THU SH96/CB25 SAT 92(520) WK AGO 86(438) YR AGO 84(545) WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 12/22/18 879 8,874 Week Ending: 12/15/18 1,285 7,709 Change from prev week: -406 +1,165