DTN Cattle Close/Trends 10/01 16:13
1 Oct 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 10/01/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 2,637 WEEK TO DATE: 17,885 STEERS LIVE FOB 1,360 107.00-107.00 107.00-107.00 107.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 939 107.00-107.00 107.00-107.00 107.000 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 8,615 WEEK TO DATE: 17,430 STEERS DRESSED DELIVERED 2,004 167.00-168.00 167.00-168.00 167.74 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 295 167.00-168.00 167.00-168.00 167.84 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 1,487 WEEK TO DATE: 9,564 STEERS LIVE FOB 759 107.00-107.00 107.00-107.00 107.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 255 107.00-107.00 107.00-107.00 107.00 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: 7,517 WEEK TO DATE: 22,667 STEERS DRESSED DELIVERED 1,783 167.00-168.00 167.00-168.00 167.81 STEERS DRESSED FOB No reportable live trade HEIFERS DRESSED DELIVERED 463 167.00-168.00 167.00-168.00 167.86 HEIFERS DRESSED FOB No reportable trade COMMENTS: Following Thursday's vigorous cash cattle trade, Friday's trade will mostly likely be clean up an on a smaller scale. Feeders were adamant about moving this week's cash market another $1.00 to $2.00 strong and holding out until the later part of the week served them well again. Thursday's actual slaughter data for the week ending 9/19/2020 showed a bigger kill and lighter steer carcass weights. For the week ending 9/19/2020 actual slaughter totaled 648,427 head. Steer carcass weights averaged 919 pounds (down one pound) and heifer carcass weights went unchanged at 836 pounds. 5-AREA LV STR AVG(FOB)PR&WT: $107.02(1485) HIDE&OFFAL: $8.12 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $158.01 $147.19 134,358 BOX BASED $206.98 $195.62 54,162 AVE INDEX $182.49 +1.28 $171.41 +0.71 188,520 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $218.98 +1.24 $207.62 +0.08 88.80 LDS CH CUTS / 31.68 LDS SEL CUTS / 7.36 LDS TRIM / 19.63 LDS GROUND BOXED BEEF TREND: Not available due to changes on USDA reports COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 09/25 $213.95 -0.26 CUTTER 90% 350# UP C/O: $171.80 -2.11 NAT'L BONELESS BF TRIM: 57.48 lds / Moder hgr on good dem & lgt offers 90% TRIM: 29 lds: Wtd Avg $208.53 / Sharply lower FI KILL(WTD) THR 120(478) WK AGO 121(482) YR AGO 117(470) MIX: WED SH95/CB25 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 09/19/20 952 8,653 Week Ending: 09/12/20 1,342 7,131 Change from prev week: -390 +1,522