DTN Cattle Close/Trends 11/08 16:04
8 Nov 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/08/22 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: 119 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: 1,036 WEEK TO DATE: 1,203 STEERS DRESSED DELIVERED 43 240.00-240.00 240.00-240.00 240.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: The cash cattle market still hasn't seen any sizeable trade develop and this week's business most likely won't break out until Thursday or later. Early asking prices in the South are noted at $152, but are still unestablished in the North, but higher prices are fully anticipated. 5-AREA LV STR AVG(FOB)PR&WT: $150.00(1450) HIDE&OFFAL: $14.78 Unchd CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $224.78 $195.74 74,458 DEMAND (Box) $252.94 $224.05 48,644 INDEX VALUE $238.86 +0.20 $209.89 +0.06 123,102 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $264.94 +0.39 $236.05 +0.13 85.82 LDS CH CUTS / 31.74 LDS SEL CUTS / 20.79 LDS TRIM / 12.75 LDS GROUND DAILY CHOICE/SELECT SPREAD $28.89 TOTAL LOAD COUNT 151 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/04 255.28 +1.73 CUTTER 90% 350# UP C/O: $195.49 -0.96 NAT'L BONELESS BF TRIM: 35.67 lds / Mstly shrply hgr on good dem & hvy offers 90% TRIM: 12 lds: Wtd Avg: $245.72 / Moderately to sharply lower FI KILL(WTD) TUE 129(252)WK AGO 128(256)YR AGO 124(244)MIX: MON SH98/CB25 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 10/22/22 2,382 10,986 Week Ending: 10/15/22 1,158 9,306 Change from prev week: +1,224 +1,680