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DTN Cattle Close/Trends 12/10 15:40

10 Dec 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/10/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 9,719 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: 4,036 WEEK TO DATE: 12,721 STEERS DRESSED DELIVERED 619 167.00-168.00 167.00-168.00 167.18 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 849 168.00-168.00 168.00-168.00 168.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 5,590 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: 1,603 WEEK TO DATE: 15,361 STEERS DRESSED DELIVERED 598 166.00-167.00 166.00-167.00 166.62 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 82 167.00-167.00 167.00-167.00 167.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Some light trade in the North today (most of it after the afternoon Mandatory cutoff), steady to $1 lower than yesterday's business, but $4 to $5 lower than the prior week's weighted average basis Nebraska. Depending on what trade volume totals turn out to be when summary reports are released tomorrow we may need to see some more trade take place. 5-AREA LV STR AVG(FOB)PR&WT: $105.50(1510) HIDE&OFFAL: $8.90 +0.16 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $161.77 $142.84 57,799 BOX BASED $202.59 $186.47 68,519 AVE INDEX $182.18 -2.84 $164.66 -2.59 126,318 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $214.59 -3.67 $198.47 -3.18 98.01 LDS CH CUTS / 26.65 LDS SEL CUTS / 27.14 LDS TRIM / 33.38 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: $168.79 -0.69 NAT'L BONELESS BF TRIM: 119.37 lds / Shrply lr on lt dem & hvy offers 90% TRIM: 43 lds: Wtd Avg $204.11 / Weak to lower FI KILL(WTD) THU 120(474) WK AGO 120(481) YR AGO 122(491) MIX: WED SH93/CB27 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