DTN Cattle Close/Trends 11/23 15:48
23 Nov 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/23/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 8,643 WEEK TO DATE: 11,238 STEERS LIVE FOB 4,994 154.00-155.00 154.00-155.00 154.84 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,494 153.00-155.00 155.00-155.00 154.76 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 20,488 WEEK TO DATE: 20,488 STEERS DRESSED DELIVERED 4,235 244.00-245.00 244.00-245.00 244.96 STEERS DRESSED FOB 190 247.50-247.50 247.50-247.50 247.50 HEIFERS DRESSED DELIVERED 1,399 245.00-245.00 245.00-245.00 245.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 8,951 WEEK TO DATE: 9,525 STEERS LIVE FOB 4,096 154.00-155.25 154.00-155.25 154.65 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,409 154.00-155.00 154.00-155.00 154.33 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: 9,353 WEEK TO DATE: 11,677 STEERS DRESSED DELIVERED 1,678 243.00-245.00 243.00-245.00 244.67 STEERS DRESSED FOB 210 246.00-246.00 246.00-246.00 246.00 HEIFERS DRESSED DELIVERED 522 244.00-245.00 244.00-245.00 244.51 HEIFERS DRESSED FOB No reportable trade COMMENTS: The cash cattle market traded higher throughout Wednesday's market as packers needed cattle and feedlots simply weren't willing to trade any cattle at steady money. Northern cattle traded for $245 dressed, which is $3.00 higher than last week's weighted average. And Southern live cattle traded for $154 to $155, which is roughly $4.00 higher than last week's weighted average. 5-AREA LV STR AVG(FOB)PR&WT: $154.82(1463) HIDE&OFFAL: $14.64 -0.01 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $225.59 $199.95 77,638 DEMAND (Box) $240.56 $221.33 53,270 INDEX VALUE $233.08 -1.90 $210.64 -0.29 130,908 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $252.56 -4.07 $233.33 -0.85 92.81 LDS CH CUTS / 16.54 LDS SEL CUTS / 27.60 LDS TRIM / 18.23 LDS GROUND DAILY CHOICE/SELECT SPREAD $19.23 TOTAL LOAD COUNT 155 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/18 257.95 -2.51 CUTTER 90% 350# UP C/O: $190.09 -6.24 NAT'L BONELESS BF TRIM: 72.77 lds / Mod shply lwr on lgt dem & hvy offers 90% TRIM: 26 lds: Wtd Avg: $238.92 / Mostly shply lwr FI KILL(WTD) WED 129(386) WK AGO 129(386) YR AGO 122(368) MIX: TUE SH100/CB29 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 11/12/22 2,155 10,609 Week Ending: 11/04/22 4,360 9,734 Change from prev week: -2,205 +875