DTN Cattle Close/Trends 11/22 15:57
22 Nov 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/22/22 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: 39 WEEK TO DATE: 39 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: 39 WEEK TO DATE: 141 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: It is assumed that cash cattle prices will indeed be higher this week as front-end supplies are current and as packers are short bought. Some bids of $242 to $245 were offered in Nebraska this morning, but largely feedlots let those bids sit idle as they're looking for more. Asking prices for cattle in the South are noted at $154 to $155 and are still unknown in the North. 5-AREA LV STR AVG(FOB)PR&WT: N/A HIDE&OFFAL: $14.63 -0.13 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $225.33 $199.68 74,380 DEMAND (Box) $244.63 $222.18 54,346 INDEX VALUE $234.98 +0.63 $210.93 +0.57 128,726 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $256.63 +1.06 $234.18 +0.95 107.71 LDS CH CUTS / 17.30 LDS SEL CUTS / 7.12 LDS TRIM / 24.43 LDS GROUND DAILY CHOICE/SELECT SPREAD $22.45 TOTAL LOAD COUNT 157 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/18 257.95 -2.51 CUTTER 90% 350# UP C/O: $196.33 +0.95 NAT'L BONELESS BF TRIM: 32.38 lds / Mostly mod hgr on mod-good dem/offers 90% TRIM: 8 lds: Wtd Avg: $247.41 / Firm to higher FI KILL(WTD) TUE 129(257) WK AGO 129(257) YR AGO 124(246) MIX: MON SH100/CB28 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 11/04/22 4,360 9,734 Week Ending: 10/29/22 2,708 10,391 Change from prev week: +1,652 -657