DTN Cattle Close/Trends 12/09 16:05
9 Dec 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/09/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 9,655 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: 5,713 WEEK TO DATE: 6,907 STEERS DRESSED DELIVERED 1,813 168.00-168.00 168.00-168.00 168.00 STEERS DRESSED FOB 230 168.00-168.00 168.00-168.00 168.00 HEIFERS DRESSED DELIVERED 578 168.00-168.00 168.00-168.00 168.00 HEIFERS DRESSED FOB 40 168.00-168.00 168.00-168.00 168.00 TEXAS CONFIRMED CASH SALES - TODAY: 124 WEEK TO DATE: 4,774 STEERS LIVE FOB 65 108.00-108.00 108.00-108.00 108.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 59 108.00-108.00 108.00-108.00 108.00 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: 7,526 WEEK TO DATE: 10,404 STEERS DRESSED DELIVERED 1,775 165.00-168.00 165.00-168.00 167.06 STEERS DRESSED FOB 312 166.00-166.00 166.00-166.00 166.00 HEIFERS DRESSED DELIVERED 604 167.00-168.00 167.00-168.00 167.94 HEIFERS DRESSED FOB No reportable trade COMMENTS:Wednesday's cash cattle trade pushed the market lower again as there was a small trade in the North for $106 to $107. Packers are adamant about pushing the market lower as boxed beef prices are seeing a regression as well. More trade is expected to develop throughout Thursday's hours and it will most likely be within the ranges that the week has already determined. 5-AREA LV STR AVG(FOB)PR&WT: $107.97(1452) HIDE&OFFAL: $8.74 Unchgd CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $163.78 $144.86 76,010 BOX BASED $206.26 $189.65 68,786 AVE INDEX $185.02 -3.58 $167.25 -2.09 144,796 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $218.26 -6.76 $201.65 -3.77 132.29 LDS CH CUTS / 39.73 LDS SEL CUTS / 16.53 LDS TRIM / 18.43 LDS GROUND BOXED BEEF TREND: Not available due to changes on USDA reports COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/04 $234.06 -0.36 CUTTER 90% 350# UP C/O: $169.47 -0.10 NAT'L BONELESS BF TRIM: 24.44 lds / Mdly lr on lt dem & mod offers 90% TRIM: 00 lds: Wtd Avg $No Test/ Mostly slightly lower FI KILL(WTD) WED 120(354) WK AGO 120(361) YR AGO 124(369) MIX: TUE SH90/CB25 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 11/21/20 1,933 12,310 Week Ending: 11/14/20 3,307 10,751 Change from prev week: -1,374 +1,559