DTN Cattle Close/Trends 11/03 15:50
3 Nov 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/03/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS 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 NEBRASKA CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 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: 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 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: 35 WEEK TO DATE: 480 STEERS DRESSED DELIVERED 25 158.00-158.00 158.00-158.00 159/-- STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Tuesday's cash cattle trade was another dismal day without anything substantial transpiring. Feedlots are believed to price cattle around $110 this week but asking prices have yet to be shown. Cash cattle interest is anticipated to increase throughout Wednesday, but may hold off even longer until sometime Thursday or Friday. Tuesday's slaughter is estimated at 121,000 head -- 4,000 head more than a week ago and 1,000 head more than a year ago. Boxed beef prices closed higher: Choice up $0.79 ($209.44) and Select up $2.83 ($195.45) with 151 loads (82.16 choice, 38.03 select, 16.97 trim and 13.97 ground beef). 5-AREA LV STR AVG(FOB)PR&WT: $NA HIDE&OFFAL: $8.34 unch CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $155.63 $137.84 40,850 BOX BASED $197.44 $183.45 54,806 AVE INDEX $176.53 +0.41 $160.65 +1.43 95,656 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $209.44 +0.79 $195.45 +2.83 82.16 LDS CH CUTS / 38.03 LDS SEL CUTS / 16.97 LDS TRIM / 13.97 LDS GROUND BOXED BEEF TREND: Not available due to changes on USDA reports COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 10/30 $204.75 -0.81 CUTTER 90% 350# UP C/O: $163.90 +0.173 NAT'L BONELESS BF TRIM: 32.33 lds / 90% TRIM: 0 lds: Wtd Avg $NA / FI KILL(WTD) TUE 121(240) WK AGO 117(232) YR AGO 120(236) MIX: MON SH95/CB24 SAT SH52/CB12 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