DTN Cattle Close/Trends 12/29 15:52
29 Dec 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/29/20 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: 507 WEEK TO DATE: 507 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: 782 WEEK TO DATE: 1,029 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:Tuesday was a relatively quiet day on the cash cattle front as the snow blowing across Nebraska and Iowa by no means pushed buyers into feeling pressured to sell. There was some light trade in the North at $110, and some bids surfaced for dressed cattle in Iowa at $173, neither of which drew enough attention to call a trend for the week. Meanwhile the South continues to sit tight with asking prices of $112 plus. Trade is expected to develop sometime Wednesday mid-morning. 5-AREA LV STR AVG(FOB)PR&WT: $109.52(1462) HIDE&OFFAL: $9.09 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $163.60 $146.96 71,296 BOX BASED $198.30 $183.48 50,874 AVE INDEX $180.95 +1.67 $165.22 -0.15 122,170 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $210.30 +2.48 $195.48 -1.17 92.44 LDS CH CUTS / 18.12 LDS SEL CUTS / 11.06 LDS TRIM / 22.23 LDS GROUND BOXED BEEF TREND: Not available due to changes on USDA reports COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/25 $208.20 -12.16 CUTTER 90% 350# UP C/O: $171.30 +0.48 NAT'L BONELESS BF TRIM: 38.19 lds / Stdy on moder dem & offers 90% TRIM: 0 lds: Wtd Avg $N/A / Not fully established FI KILL(WTD) TUE 116(235) WK AGO 119(238) YR AGO 101(220) MIX: MON SH94/CB25 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 12/12/20 1,997 12,019 Week Ending: 12/05/20 2,661 10,018 Change from prev week: -664 +2,001