DTN Cattle Close/Trends 12/22 16:18
22 Dec 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/22/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 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: 40 WEEK TO DATE: 40 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 TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 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: 2,494 WEEK TO DATE: 2,629 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: There was a little chatter throughout the countryside Tuesday afternoon but upon the closing whistle, the market had yet to be truly tested. Feedlots are continuing to push to $1.00 to $2.00 higher while packers would obviously like to see the market trade steady at best. Thankfully the upward trend in boxed beef prices are favoring sellers and it's likely that come Wednesday feedlots are granted their wish. It's looking like the week's trade will be rather light again, which will make for three weeks in a row of lighter trade and encourage a stronger, more robust market following the week of Christmas. 5-AREA LV STR AVG(FOB)PR&WT: N/A HIDE&OFFAL: $9.09 +0.02 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $157.74 $141.10 47,565 BOX BASED $198.67 $187.59 46,202 AVE INDEX $178.20 -0.15 $164.35 +1.15 93,767 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $210.67 +0.25 $199.59 +2.33 78.82 LDS CH CUTS / 23.49 LDS SEL CUTS / 10.01 LDS TRIM / 33.07 LDS GROUND BOXED BEEF TREND: Not available due to changes on USDA reports COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/18 $208.20 -12.16 CUTTER 90% 350# UP C/O: $169.29 +0.66 NAT'L BONELESS BF TRIM: 57.03 lds / Mstly lwr on lgt dem & moder offers 90% TRIM: 28 lds: Wtd Avg $204.40 / Firm to higher FI KILL(WTD) TUE 119(238)WK AGO117(237)YR AGO38(155)MIX: MON SH94/CB25 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 12/05/20 2,661 10,018 Week Ending: 11/28/20 1,981 10,776 Change from prev week: +728 -758