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DTN Cattle Close/Trends 11/01 15:50

1 Nov 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/01/22 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: 120 WEEK TO DATE: 120 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 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: 252 WEEK TO DATE: 370 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: The cash cattle market didn't see much action through Tuesday's market as packers and feedlots again go toe to toe. Trade won't likely develop until Thursday or later. Asking prices in the South are noted at $152 and are still unestablished in the North. 5-AREA LV STR AVG(FOB)PR&WT: N/A HIDE&OFFAL: $14.77 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $224.39 $195.51 68,590 DEMAND (Box) $250.63 $220.73 45,044 INDEX VALUE $237.51 -0.51 $208.12 -0.86 113,634 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $262.63 -1.02 $232.73 -1.73 82.10 LDS CH CUTS / 31.62 LDS SEL CUTS / 4.84 LDS TRIM / 13.78 LDS GROUND DAILY CHOICE/SELECT SPREAD $29.90 TOTAL LOAD COUNT 132 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 10/28 255.28 +6.04 CUTTER 90% 350# UP C/O: $197.63 -0.97 NAT'L BONELESS BF TRIM: 21.22 lds / Unevenly stdy on lgt dem/offers 90% TRIM: 6 lds: Wtd Avg: $247.96 / Slightly to moder lwr FI KILL(WTD) TUE 128(256)WK AGO 129(255)YR AGO 123(244) MIX: MON SH101/CB27 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