DTN Cattle Close/Trends 09/03 15:35
3 Sep 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 09/03/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,620 WEEK TO DATE: 11,150 STEERS LIVE FOB 851 103.00-103.00 103.00-103.00 103.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 641 103.00-103.00 103.00-103.00 103.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 2,692 WEEK TO DATE: 24,010 STEERS DRESSED DELIVERED 200 162.00-163.00 162.00-163.00 162.60 STEERS DRESSED FOB 37 162.00-162.00 162.00-162.00 162.00 HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 1,816 WEEK TO DATE: 9,348 STEERS LIVE FOB 647 102.00-102.00 102.00-102.00 102.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 483 102.00-103.00 102.00-103.00 102.05 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: NA Conf WEEK TO DATE: NA Conf STEERS LIVE FOB NA Due to Confidentiality STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB NA Due to Confidentiality HEIFERS LIVE DELIVERED No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 1,180 WEEK TO DATE: 19,420 STEERS DRESSED DELIVERED 349 162.00-162.00 162.00-162.00 162.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 36 163.00-163.00 163.00-163.00 163.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Another round of light scattered trade with Southern live sales ranging from $102 to $103, steady to $1 lower than yesterday's business, and $2 to $3 lower than last week's weighted averages. Northern dressed deals were marked at $162 to $163, mostly $163, fully steady with Wednesday's trade, but $4 lower than last week's weighted average basis Nebraska. Trade volume totals are still somewhat light, so we should need to see more trade again tomorrow. 5-AREA LV STR AVG(FOB)PR&WT: $103.29(1497) HIDE&OFFAL: $7.88 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $156.54 $139.13 57,024 BOX BASED $215.24 $200.50 43,000 AVE INDEX $185.89 -1.02 $169.23 -1.51 100,024 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $227.24 -0.34 $212.50 -1.32 89.98 LDS CH CUTS / 25.36 LDS SEL CUTS / 9.42 LDS TRIM / 23.08 LDS GROUND BOXED BEEF TREND: Not available due to changes on USDA reports COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 08/28 $220.10 +8.23 CUTTER 90% 350# UP C/O: $181.45 -2.87 NAT'L BONELESS BF TRIM: 46.83 lds / Stdy/frm on mod dem & lt offers 90% TRIM: 25 lds: Wtd Avg $224.18 / Sharply lower FI KILL(WTD) THU 118(474) WK AGO 119(472) YR AGO 117(352) MIX: WED SH92/CB25 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 08/22/20 1,403 6,506 Week Ending: 08/15/20 1,228 6,079 Change from prev week: +175 +427