DTN Cattle Close/Trends 04/26 16:15
26 Apr 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 04/26/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 8,452 WEEK TO DATE: 20,326 STEERS LIVE FOB 3,571 139.00-140.00 139.00-140.00 139.98 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 3,528 140.00-140.00 140.00-140.00 140.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 17,561 WEEK TO DATE: 21,025 STEERS DRESSED DELIVERED 4,337 230.00-232.00 230.00-232.00 231.89 STEERS DRESSED FOB 825 234.00-234.00 234.00-234.00 234.00 HEIFERS DRESSED DELIVERED 1,435 232.00-232.00 232.00-232.00 232.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 1,059 WEEK TO DATE: 10,817 STEERS LIVE FOB 283 140.00-140.00 140.00-140.00 140.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 671 140.00-140.00 140.00-140.00 140.00 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 1,205 WEEK TO DATE: 1,484 STEERS LIVE FOB 224 146.00-146.00 146.00-146.00 146.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 668 144.00-146.00 144.00-146.00 145.23 HEIFERS LIVE DELIVERED No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 4,576 WEEK TO DATE: 7,843 STEERS DRESSED DELIVERED 1,446 230.00-232.00 230.00-232.00 231.64 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 706 230.00-232.00 230.00-232.00 231.24 HEIFERS DRESSED FOB No reportable trade COMMENTS: Given that cattle have sold in both regions, it's likely that prices hold steady into Wednesday's trade. The South seems pretty committed to $140, but there is the potential that cattle trade slightly higher in the North where packers are having to work hard to get enough cattle bought. If the board trades higher on Wednesday, that the chances of higher trade grows even more. 5-AREA LV STR AVG(FOB)PR&WT: $140.15(1404) HIDE&OFFAL: $13.35 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $211.42 $199.54 112,217 BOX BASED $252.17 $244.23 43,892 AVE INDEX $231.79 -1.63 $221.89 -0.55 156,109 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $264.17 -2.43 $256.23 -0.29 112.55 LDS CH CUTS / 24.75 LDS SEL CUTS / 9.33 LDS TRIM / 36.01 LDS GROUND DAILY CHOICE/SELECT SPREAD $7.94 TOTAL LOAD COUNT 183 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/22 $269.85 -3.00 CUTTER 90% 350# UP C/O: $222.00 +1.89 NAT'L BONELESS BF TRIM: 36.86 lds / Weak on lgt dem & mod offers 90% TRIM: 05 lds: Wtd Avg: $276.08/ Sharply lower FI KILL(WTD) TUE 125(250) WK AGO 124(236) YR AGO 121(239) MIX: MON SH98/CB27 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 04/09/22 5,505 11,485 Week Ending: 04/02/22 7,445 9,868 Change from prev week: -1,940 +1,617