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DTN Cattle Close/Trends 12/28 15:25

28 Dec 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/28/22 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: 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: 775 WEEK TO DATE: 812 STEERS DRESSED DELIVERED 37 248.00-248.00 248.00-248.00 248.00 STEERS DRESSED FOB 140 251.50-251.50 251.50-251.50 251.50 HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Another quiet day in the country with the cash trade at a virtual standstill. Asking prices were at $158 in the South, and $256 in the Northern. Bids remained very elusive. Significant trade volume will likely be delayed until Thursday or Friday. 5-AREA LV STR AVG(FOB)PR&WT: $No Test HIDE&OFFAL: $14.28 +0.02 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $230.68 $205.95 36,565 DEMAND (Box) $267.41 $235.28 34,605 INDEX VALUE $249.05 -0.33 $220.62 +0.81 71,170 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $279.41 -0.63 $247.28 +1.64 52.74 LDS CH CUTS / 22.43 LDS SEL CUTS / 9.26 LDS TRIM / 17.20 LDS GROUND DAILY CHOICE/SELECT SPREAD $32.13 TOTAL LOAD COUNT 102 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/23 $259.42 +12.13 CUTTER 90% 350# UP C/O: $192.11 -0.78 NAT'L BONELESS BF TRIM: 38.61 lds / Lower 90% TRIM: 07 lds: Wtd Avg: $248.27 / Unevenly lower FI KILL(WTD) WED 128(262) WK AGO 122(346) YR AGO 118(352) MIX: TUE SH101/CB27 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 12/17/22 1,374 11,409 Week Ending: 12/10/22 2,669 13,909 Change from prev week: -1,295 -2,500