DTN Cattle Close/Trends 11/23 16:17
23 Nov 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/23/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,715 WEEK TO DATE: 1,715 STEERS LIVE FOB 1,162 136.00-136.00 136.00-136.00 136.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 429 135.00-136.00 135.00-136.00 135.53 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 1,362 WEEK TO DATE: 1,362 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 3,936 WEEK TO DATE: 3,936 STEERS LIVE FOB 1,251 135.00-136.00 135.00-136.00 135.85 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,277 135.00-136.00 135.00-136.00 135.43 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 149 WEEK TO DATE: 149 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 38 136.00-136.00 136.00-136.00 136.00 HEIFERS LIVE DELIVERED No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 1,974 WEEK TO DATE: 3,207 STEERS DRESSED DELIVERED 218 213.00-213.00 213.00-213.00 213.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 86 213.00-213.00 213.00-213.00 213.00 HEIFERS DRESSED FOB No reportable trade COMMENTS:It was an impressive day for the cash cattle market as a light movement of Southern cattle traded for $135 to $136, and some Northern dressed cattle traded for $214 (some bought with time for 12/6/2021). Heading into Wednesday's trade the market expects to see more trade develop through Wednesday as there was only a handful of cattle that traded today. 5-AREA LV STR AVG(FOB)PR&WT: $134.00(1600) HIDE&OFFAL: $15.02 Unchgd CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $192.32 $174.48 96,126 BOX BASED $266.64 $250.67 60,086 AVE INDEX $229.48 -0.28 $212.57 -0.51 156,212 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $278.64 -0.61 $262.67 -1.06 118.23 LDS CH CUTS / 25.59 LDS SEL CUTS / 10.80 LDS TRIM / 38.41 LDS GROUND DAILY CHOICE/SELECT SPREAD $15.97 TOTAL LOAD COUNT 193 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/19 $280.58 -8.85 CUTTER 90% 350# UP C/O: $230.17 +0.64 NAT'L BONELESS BF TRIM: 25.12 lds / Slightly higher 90% TRIM: 10 lds: Wtd Avg $277.47 / Stedy-weak on moder dem & offers FI KILL(WTD) TUE 122(244) WK AGO 122(243) YR AGO 121(241) MIX: FRI SH97/CB25 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 11/06/21 4,879 11,547 Week Ending: 10/30/21 3,580 13,280 Change from prev week: +1,299 -1,733