DTN Cattle Close/Trends 10/26 15:45
26 Oct 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 10/26/22 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 trade3 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 NA due to confidentiality STEERS LIVE DELIVERED NA due to confidentiality HEIFERS LIVE FOB NA due to confidentiality HEIFERS LIVE DELIVERED NA due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 785 WEEK TO DATE: 1,305 STEERS DRESSED DELIVERED No reportable dressed trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 60 236.00-236.00 236.00-236.00 236.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Yet another quiet day in cattle country with the cash trade at a near standstill. Bids remain very elusive. Live asking prices are around $151 to $152 in the South and $155 to $156 in the North. But dressed asking prices have yet to be established in Nebraska and Iowa. Significant trade volume will be delayed until Thursday or later. 5-AREA LV STR AVG(FOB)PR&WT: $No Test HIDE&OFFAL: $14.76 -0.13 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $221.40 $192.40 82,301 DEMAND (Box) $248.86 $216.60 49,306 INDEX VALUE $235.13 -0.18 $204.50 +0.73 131.607 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $260.86 -0.57 $228.60 +1.25 75.94 LDS CH CUTS / 27.45 LDS SEL CUTS / 20.13 LDS TRIM / 26.89 LDS GROUND DAILY CHOICE/SELECT SPREAD $32.26 TOTAL LOAD COUNT 150 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 10/21 249.24 +4.73 CUTTER 90% 350# UP C/O: $199.05 -2.66 NAT'L BONELESS BF TRIM: 63.17 lds / Unevenly steady on mod dem & hvy offers 90% TRIM: 29 lds: Wtd Avg: $248.51 / Sharply lower FI KILL(WTD) WED 129(384) WK AGO 127(381) YR AGO 122(366) MIX: TUE SH100/CB29 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 10/15/22 1,158 9,306 Week Ending: 10/08/22 2,655 9,070 Change from prev week: -1,497 +236