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DTN Cattle Close/Trends 12/27 16:40

27 Dec 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/27/21 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: 0 WEEK TO DATE: 0 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: 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 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: 0 WEEK TO DATE: 0 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: A typically quiet Monday with the cash trade at a complete standstill. Bids and asking prices have yet to be established, and significant trade volume will likely be delayed until Tuesday or Wednesday. **** Note the USDA has revised the afternoon boxed beef and the carcass equivalent index reports. Revisions are noted with ^ next to them******* 5-AREA LV STR AVG(FOB)PR&WT: $138.52(1507) HIDE&OFFAL: $13.62 -0.06 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $199.28 $184.34 33,869 BOX BASED ^$252.48^ $243.18 ^41,266^ AVE INDEX ^$225.88^^+0.50^ $213.76 +0.93 ^75,135^ BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) ^$264.48^^+1.54^ $255.18 +2.23 ^79.81^ LDS CH CUTS / 11.22 LDS SEL CUTS / 11.18 LDS TRIM / 9.65 LDS GROUND DAILY CHOICE/SELECT SPREAD $^9.30^ TOTAL LOAD COUNT ^112^ COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/17 $268.28 -3.09 CUTTER 90% 350# UP C/O: $225.66 -3.23 NAT'L BONELESS BF TRIM: 45.64 lds / Sharply higher on moderate demand 90% TRIM: 03 lds: Wtd Avg $271. 87 / Lower on weak demand & offerings FI KILL(WTD) FRI 10(488) WK AGO 120(599) YR AGO 0(414) SAT 0(488) WK AGO 58(657) YR AGO 1(415) MON 116(116) WK AGO 120(120) YR AGO 117(117) MIX: THU SH91/CB26 FRI SH8/CB2 SAT SH0/CB0 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