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DTN Cattle Close/Trends 01/22 15:35

22 Jan 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 01/22/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 369 WEEK TO DATE: 20,591 STEERS LIVE FOB 258 110.00-110.00 110.00-110.00 110.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 1,202 WEEK TO DATE: 29,738 STEERS DRESSED DELIVERED 111 173.00-173.00 173.00-173.00 173.00 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: 4,988 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: 0 WEEK TO DATE: 2,419 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 1,222 WEEK TO DATE: 18,598 STEERS DRESSED DELIVERED 75 166.00-173.00 169.00-170.00 169.27 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 40 174.00-174.00 174.00-174.00 174.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Just a little clean up trade reported today. Following a light to moderate trade that was reported on both Wednesday and Thursday this week with Northern dressed deals ranging from $166 to $176, mostly $172 to $173, generally steady to $1 lower than last weeks weighted average basis Nebraska. Southern live trade ranged from $108 to $111, mostly $110, generally steady/weak with the prior weeks weighted averages. 5-AREA LV STR AVG(FOB)PR&WT: $109.48(1489) HIDE&OFFAL: $9.35 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $162.43 $150.37 69,963 BOX BASED $210.82 $201.34 49,777 AVE INDEX $186.62 +0.79 $175.85 +1.51 119,740 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $222.82 +1.62 $213.34 +3.06 82.29 LDS CH CUTS / 21.57 LDS SEL CUTS / 22.21 LDS TRIM / 16.91 LDS GROUND BOXED BEEF TREND: Not available due to changes on USDA reports COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 01/15 $210.71 +3.95 CUTTER 90% 350# UP C/O: $180.32 +2.37 NAT'L BONELESS BF TRIM: 44.15 lds / Shrply lr on lt dem & hvy offers 90% TRIM: 16 lds: Wtd Avg $222.28 / Sharply higher FI KILL(WTD) FRI 119(588) WK AGO 115(584) YR AGO 121(610) MIX: THU SH93/CB27 SAT 69(657) WK AGO 67(651) YR AGO 33(644) WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 01/09/21 998 8,671 Week Ending: 01/02/21 129 4,995 Change from prev week: +869 +3,676 2020 YTD Totals 118,181 491,738