DTN Cattle Close/Trends 10/30 15:40
30 Oct 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 10/30/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 927 WEEK TO DATE: 7,086 STEERS LIVE FOB 416 100.00-106.00 105.00-106.00 105.03 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 318 106.00-106.00 106.00-106.00 106.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 2,964 WEEK TO DATE: 10,279 STEERS DRESSED DELIVERED 312 163.00-163.00 163.00-163.00 163.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 35 163.00-163.00 163.00-163.00 163.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 3,659 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade 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: 990 WEEK TO DATE: 7,279 STEERS DRESSED DELIVERED No reportable dressed trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 124 162.00-162.00 162.00-162.00 162.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: At the time of this close a significant trade had yet to take place. As you can see above trade volume totals are rather light. Thursday a light trade took place in parts of the South at $106, steady with last week's weighted averages. A very light mostly live trade was also reported in the North at $103 to $104, steady to $1 lower than last week's weighted average basis Nebraska. Dressed biz ranged from $158 to $163, not really enough to establish an accurate trend. 5-AREA LV STR AVG(FOB)PR&WT: $104.49(1478) HIDE&OFFAL: $8.34 -0.04 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $154.86 $137.93 24,395 BOX BASED $196.10 $179.24 55,898 AVE INDEX $175.48 +0.14 $158.58 -0.25 80,293 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $208.10 +0.78 $191.24 +0.01 55.02 LDS CH CUTS / 25.50 LDS SEL CUTS / 7.78 LDS TRIM / 17.66 LDS GROUND BOXED BEEF TREND: Not available due to changes on USDA reports COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 10/23 $205.56 -5.38 CUTTER 90% 350# UP C/O: $161.99 +0.13 NAT'L BONELESS BF TRIM: 40.72 lds / Shrply hr on mod-gd dem & lt offers 90% TRIM: 08 lds: Wtd Avg $193.56 / Steady to firm FI KILL(WTD) FRI 114(574) WK AGO 103(583) YR AGO 118(583) MIX: THU SH84/CB26 SAT 64(638) WK AGO 60(643) YR AGO 75(659) *** REVISION ** THU 110(460) ** REVISION *** WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 10/17/20 2,500 10,641 Week Ending: 10/10/20 2,835 9,762 Change from prev week: -335 +879