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DTN Cattle Close/Trends 12/11 15:35

11 Dec 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/11/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 221 WEEK TO DATE: 9,940 STEERS LIVE FOB 107 106.00-106.00 106.00-106.00 106.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 389 WEEK TO DATE: 16,197 STEERS DRESSED DELIVERED 189 168.00-168.00 168.00-168.00 168.00 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: 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: 514 WEEK TO DATE: 15,945 STEERS DRESSED DELIVERED No reportable dressed trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable dressed trade HEIFERS DRESSED FOB No reportable trade COMMENTS: The country was relatively quiet today, with just a few cleanup deals reported. This week's Southern live deals were marked at mostly $108, roughly $2 to $2.50 lower than last week's weighted averages. While Northern dressed business was marked at mostly $168, generally $4 lower than the prior week's weighted average basis Nebraska. 5-AREA LV STR AVG(FOB)PR&WT: $105.50(1510) HIDE&OFFAL: $8.90 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $160.19 $141.26 40,868 BOX BASED $201.88 $183.71 68,461 AVE INDEX $181.03 -1.15 $162.49 -2.17 109,329 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $213.88 -0.71 $195.71 -2.76 65.36 LDS CH CUTS / 25.80 LDS SEL CUTS / 20.81 LDS TRIM / 18.84 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: $167.26 -1.53 NAT'L BONELESS BF TRIM: 54.96 lds / Unevenly stdy on mod dem & hvy offers 90% TRIM: 11 lds: Wtd Avg $201.47 / Mostly moderately lower FI KILL(WTD) FRI 118(592) WK AGO 117(598) YR AGO 123(614) MIX: THU SH94/CB26 SAT 73(665) WK AGO 69(667) YR AGO 53(666) WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 11/28/20 1,981 10,776 Week Ending: 11/21/20 1,933 12,310 Change from prev week: +48 -1,534