DTN Cattle Close/Trends 09/10 16:09
10 Sep 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 09/10/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 249 WEEK TO DATE: 9,547 STEERS LIVE FOB 83 101.00-101.00 101.00-101.00 101.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 166 101.00-101.00 101.00-101.00 101.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 540 WEEK TO DATE: 27,147 STEERS DRESSED DELIVERED 224 160.00-161.00 160.00-161.00 160.71 STEERS DRESSED FOB 70 160.00-160.00 160.00-160.00 160.00 HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 799 WEEK TO DATE: 3,356 STEERS LIVE FOB 295 101.00-101.00 101.00-101.00 101.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 355 101.00-101.00 101.00-101.00 101.00 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: 1,791 WEEK TO DATE: 11,837 STEERS DRESSED DELIVERED 626 159.00-161.00 159.00-161.00 160.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 240 161.00-161.00 161.00-161.00 161.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Thursday was a mere standstill for the cash cattle market as feeders saw the support building throughout the futures market and decided to hold out until Friday to trade cattle. Boxed beef movement continues to be aggressive as Thursday's close moved 198 loads. This week's cash cattle movement has been considerably lower than weeks past and more trade is expected to develop sometime Friday. 5-AREA LV STR AVG(FOB)PR&WT: $100.86(1473) HIDE&OFFAL: $7.88 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $153.58 $137.48 69,596 BOX BASED $208.83 $195.32 57,695 AVE INDEX $181.20 -2.14 $166.40 -1.17 127,291 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $220.83 -2.12 $207.32 -0.19 114.15 LDS CH CUTS / 36.38 LDS SEL CUTS / 17.89 LDS TRIM / 29.14 LDS GROUND BOXED BEEF TREND: Not available due to changes on USDA reports COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 09/04 $223.41 +3.31 CUTTER 90% 350# UP C/O: $181.23 -0.58 NAT'L BONELESS BF TRIM: 56.62 lds / Slghtly-mod lwr on lgt dem & hvy offers 90% TRIM: 21 lds: Wtd Avg $223.24 / Weak to Lower FI KILL(WTD) THR 119(360) WK AGO 118(474) YR AGO 115(466) MIX: WED SH95/CB25 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 08/29/20 1,262 6,801 Week Ending: 08/22/20 1,403 6,506 Change from prev week: -141 +295