DTN Cattle Close/Trends 08/25 15:35
25 Aug 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 08/25/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 4,176 WEEK TO DATE: 4,519 STEERS LIVE FOB 2,652 104.00-107.00 104.00-107.00 105.91 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,062 105.00-107.00 105.00-107.00 105.90 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 114 WEEK TO DATE: 114 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 6,319 WEEK TO DATE: 13,420 STEERS LIVE FOB 2,721 105.00-105.00 105.00-107.00 105.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,098 105.00-105.00 105.00-105.00 105.00 HEIFERS LIVE DELIVERED 80 105.00-105.00 105.00-105.00 105.00 COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 149 WEEK TO DATE: 255 STEERS DRESSED DELIVERED 38 168.00-168.00 168.00-168.00 168.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Tuesday's trade was rather uneventful as a light offering was sold in the Southern Plains for $105 to $016. Meanwhile, the North has yet to set their tone for the week. After Wednesday's Fed Cattle Exchange more trade is anticipated to develop throughout the country. Boxed beef prices closed higher: choice up $2.21 ($229.68) and select up $1.01 ($212.06) with a movement of 104 loads (57.74 loads of choice, 14.00 loads of select, 8.52 loads of trim and 23.75 loads of ground beef). 5-AREA LV STR AVG(FOB)PR&WT: $105.00(1400) HIDE&OFFAL: $7.81 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $161.83 $146.65 107,545 BOX BASED $217.68 $200.26 46,475 AVE INDEX $189.75 +1.01 $173.45 +0.41 154,020 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $229.68 +2.21 $212.26 +1.01 57.74 LDS CH CUTS / 14.00 LDS SEL CUTS / 8.52 LDS TRIM / 23.75 LDS GROUND BOXED BEEF TREND: higher COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 08/21 $211.87 +7.20 CUTTER 90% 350# UP C/O: $184.26 +0.26 NAT'L BONELESS BF TRIM: 26.59 lds / unevenly steady on mod dem/offers 90% TRIM: 07 lds: Wtd Avg $227.96 / Steady to firm FI KILL(WTD) TUE 118(235) WK AGO 120(232) YR AGO 119(236) MIX: MON SH93/CB24 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 08/08/20 1,101 6,641 Week Ending: 08/01/20 1,824 6,524 Change from prev week: -723 +117