DTN Cattle Close/Trends 12/22 16:04
22 Dec 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/22/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 2,822 WEEK TO DATE: 5,811 STEERS LIVE FOB 1,154 135.00-135.00 135.00-135.00 135.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 963 135.00-135.00 135.00-135.00 135.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 6,957 WEEK TO DATE: 11,722 STEERS DRESSED DELIVERED 4,951 216.00-218.00 216.00-218.00 217.34 STEERS DRESSED FOB 329 218.00-218.00 218.00-218.00 218.00 HEIFERS DRESSED DELIVERED 892 217.00-217.00 217.00-217.00 217.00 HEIFERS DRESSED FOB 126 218.00-218.00 218.00-218.00 218.00 TEXAS CONFIRMED CASH SALES - TODAY: 1,286 WEEK TO DATE: 4,689 STEERS LIVE FOB 116 135.00-135.00 135.00-135.00 135.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 578 135.00-135.00 135.00-135.00 135.00 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB Not reported due to confidentiality STEERS LIVE DELIVERED Not reported due to confidentiality HEIFERS LIVE FOB Not reported due to confidentiality HEIFERS LIVE DELIVERED Not reported due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 2,821 WEEK TO DATE: 3,943 STEERS DRESSED DELIVERED 1,001 216.00-217.00 216.00-217.00 216.88 STEERS DRESSED FOB 35 216.00-216.00 216.00-216.00 216.00 HEIFERS DRESSED DELIVERED 243 217.00-217.00 217.00-217.00 217.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Feedlots knew that packers needed cattle and they played their cards well this week. It's amazing how simply waiting to trade your cattle by one day can make a difference. Earlier in the week prices were trending $1.00 to $2.00 lower than last week's average, but by Wednesday's close some feedlots were able to demand fully steady prices. 5-AREA LV STR AVG(FOB)PR&WT: $135.07(1480) HIDE&OFFAL: $13.68 -0.04 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $200.58 $185.47 42,216 BOX BASED $249.86 $238.83 44,645 AVE INDEX $225.22 -0.08 $212.15 +0.14 86,861 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $261.86 +0.47 $250.83 +0.91 91.26 LDS CH CUTS / 14.27 LDS SEL CUTS / 14.10 LDS TRIM / 18.22 LDS GROUND DAILY CHOICE/SELECT SPREAD $11.03 TOTAL LOAD COUNT 138 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/17 $268.28 -3.09 CUTTER 90% 350# UP C/O: $229.00 +1.54 NAT'L BONELESS BF TRIM: 36.65 lds / Unevenly stdy on mod dem & offers 90% TRIM: 12 lds: Wtd Avg $275.61 / Moderately higher FI KILL(WTD) WED 121(361) WK AGO 113(357) YR AGO 113(349) MIX: MON SH92/CB28 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 12/11/21 6,010 12,646 Week Ending: 12/04/21 4,937 12,347 Change from prev week: +1,073 +299