DTN Cattle Close/Trends 11/04 15:45
4 Nov 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/04/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 11,132 WEEK TO DATE: 11,132 STEERS LIVE FOB 5,326 106.00-107.00 106.00-107.00 106.99 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 3,889 107.00-107.00 107.00-107.00 107.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 2,320 WEEK TO DATE: 2,320 STEERS DRESSED DELIVERED 1,848 160.00-164.00 160.00-164.00 160.97 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 2,552 WEEK TO DATE: 2,552 STEERS LIVE FOB 1,016 107.00-107.00 107.00-107.00 107.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,015 106.75-107.25 106.75-107.25 107.00 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: 35 WEEK TO DATE: 480 STEERS DRESSED DELIVERED 451 164.00-164.00 164.00-164.00 164.00 STEERS DRESSED FOB 175 163.00-163.00 163.00-163.00 163.00 HEIFERS DRESSED DELIVERED 16 164.00-164.00 164.00-164.00 164.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Wednesday tested the week's cash cattle trade as Southern cattle sold for $106 to $107, and a small sampling of Northern cattle sold for $163 to $164. More trade is expected to develop throughout the later part of the week for at least steady prices if not $1.00 stronger. Wednesday's slaughter is estimated at 119,000 head -- 1,000 head more than a week ago and 1,000 head less than a year ago. Boxed beef prices closed higher: choice up $0.75 ($210.19) and select up $1.60 ($197.05) with a movement of 166 loads (110.97 loads of choice, 16.53 loads of select, 18.27 loads of trim and 20.27 loads of ground beef). 5-AREA LV STR AVG(FOB)PR&WT: $102.00 1375 HIDE&OFFAL: $8.34 unch CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $155.74 $137.96 40,295 BOX BASED $198.19 $185.05 54,311 AVE INDEX $176.97 +0.44 $161.50 +0.85 94,606 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $210.19 +0.75 $197.05 +1.60 110.97 LDS CH CUTS / 16.53 LDS SEL CUTS / 18.27 LDS TRIM / 20.27 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: $163.78 -0.13 NAT'L BONELESS BF TRIM: 43.70 lds /Mostly mod to good dem/hvy offers 90% TRIM: 11 lds: Wtd Avg $196.83/ FI KILL(WTD) WED 119(359) WK AGO 118(350) YR AGO 120(356) MIX: TUE SH95/CB26 SAT SH52/CB12 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 10/24/20 2,240 11,453 Week Ending: 10/17/20 2,500 10,641 Change from prev week: -260 +812