DTN Cattle Close/Trends 11/25 16:06

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/25/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 335 WEEK TO DATE: 14,280 STEERS LIVE FOB 255 152.00-152.00 152.00-152.00 152.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 80 WEEK TO DATE: 29,817 STEERS DRESSED DELIVERED 80 244.00-244.00 244.00-244.00 244.00 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: 9,525 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: 218 WEEK TO DATE: 26,975 STEERS DRESSED DELIVERED 54 244.00-244.00 244.00-244.00 244.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: The cash cattle market wasn't very interesting as packers bought the cattle they needed earlier in the week. Throughout the week, 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: $156.23(1501) HIDE&OFFAL: $14.64 Unchgd CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $228.90 $203.26 120,869 DEMAND (Box) $239.83 $222.37 45,452 INDEX VALUE $234.37 +1.29 $210.64 +2.17 166,321 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $251.83 -0.73 $234.37 +1.04 36.87 LDS CH CUTS / 11.57 LDS SEL CUTS / 7.12 LDS TRIM / 5.43 LDS GROUND DAILY CHOICE/SELECT SPREAD $17.46 TOTAL LOAD COUNT 61 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/18 257.95 -2.51 CUTTER 90% 350# UP C/O: $189.91 -0.18 NAT'L BONELESS BF TRIM: 13.28 lds / Unvly stdy on lgt dem & offers 90% TRIM: 0 Lds: Wtd Avg: N/A / Not fully established FI KILL(WTD) THUR 2(388) WK AGO 129(515) YR AGO 0(368) MIX: WED SH100/CB29 FRI 112(500) WK AGO 125(640) YR AGO 116(484) MIX: THUR SH100/CB100 SAT 81(581) WK AGO 34 (674) YR AGO 84(568) 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