DTN Cattle Close/Trends 11/05 15:45
5 Nov 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/05/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 406 WEEK TO DATE: 17,222 STEERS LIVE FOB 200 107.00-107.00 107.00-107.00 107.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 206 107.00-107.00 107.00-107.00 107.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 19,019 WEEK TO DATE: 31,016 STEERS DRESSED DELIVERED 2,687 163.00-167.00 163.00-167.00 166.28 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 1,617 167.00-167.00 167.00-167.00 167.00 HEIFERS DRESSED FOB 80 167.00-167.00 167.00-167.00 167.00 TEXAS CONFIRMED CASH SALES - TODAY: 295 WEEK TO DATE: 6,361 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED 35 107.00-107.00 107.00-107.00 107.00 HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED 220 107.00-107.00 107.00-107.00 107.00 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: 9,596 WEEK TO DATE: 14,932 STEERS DRESSED DELIVERED 2,033 165.00-167.00 165.00-167.00 166.60 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 419 165.00-167.00 165.00-167.00 166.21 HEIFERS DRESSED FOB No reportable trade COMMENTS: There modest movement of cattle in the Northern Plains Thursday afternoon for mostly $107 live and $167 dressed. Thursday's live cattle traded $1.00 stronger than a week ago and the North's dressed trade was roughly $4.00 higher than a week ago. Heading into Friday, more cattle are expected to sell, but prices will most likely be within the ranges already tested for the week. Thursday's slaughter is estimated at 120,000 head -- 10,000 head more than a week ago and steady with a year ago. 5-AREA LV STR AVG(FOB)PR&WT: $106.70 1468 HIDE&OFFAL: $8.36 +0.02 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $159.12 $141.34 72,757 BOX BASED $200.55 $186.97 53,807 AVE INDEX $179.83 +2.86 $164.15 +2.65 126,564 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $212.55 +2.36 $198.97 +1.92 96.26 LDS CH CUTS / 31.84 LDS SEL CUTS / 6.28 LDS TRIM / 15.10 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: $164.01 +0.22 NAT'L BONELESS BF TRIM: 84.43 lds /Sharply lower/lite dem/offers 90% TRIM: 25 lds: Wtd Avg $196.96/ firm to higher FI KILL(WTD) THR 120(479) WK AGO 110(460) YR AGO 120(476) MIX: WED SH93/CB26 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