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DTN Cattle Close/Trends 08/30 15:40

30 Aug 2019
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 08/30/19 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 2,242 WEEK TO DATE: 8,757 STEERS LIVE FOB 536 103.00-104.00 103.00-104.00 103.12 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 816 102.00-104.00 102.00-104.00 102.53 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 1,780 WEEK TO DATE: 22,320 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: 3,099 WEEK TO DATE: 4,268 STEERS LIVE FOB 1,948 102.00-103.00 102.00-103.00 102.83 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 704 103.00-103.00 103.00-103.00 103.00 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: NA Conf WEEK TO DATE: NA Conf STEERS LIVE FOB Not reported due to confidentiality STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB Not reported due to confidentiality HEIFERS LIVE DELIVERED No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 2,514 WEEK TO DATE: 19,944 STEERS DRESSED DELIVERED 790 170.00-171.00 170.00-171.00 170.37 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 212 170.00-171.00 170.00-171.00 170.58 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light trade in the South today with live deals marked at mostly $103, $3 lower than last week's weighted averages. Northern dressed business took place yesterday with a full range of $165 to $175, mostly $170, generally $5 lower than last week's weighted average basis Nebraska. 5-AREA LV STR AVG(FOB)PR&WT: $105.63(1449) HIDE&OFFAL: $9.18 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $164.38 $140.22 83,160 BOX BASED $219.77 $200.27 39,048 AVE INDEX $192.07 -1.07 $170.24 -1.12 122,208 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $231.77 -0.42 $212.27 -0.51 35.47 LDS CH CUTS / 13.85 LDS SEL CUTS / 13.27 LDS TRIM / 10.66 LDS GROUND BOXED BEEF TREND: Weak on light-moderate demand & light offerings COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 08/16 $226.73 +8.61 CUTTER 90% 350# UP C/O: $175.85 +0.08 NAT'L BONELESS BF TRIM: 32.27 lds / Shrply lr on lt dem & mod offers 90% TRIM: 09 lds: Wtd Avg $225.04 / Unevenly steady FI KILL(WTD) FRI 115(580) WK AGO 115(577) YR AGO 119(597) MIX: THU SH91/CB25 SAT 64(644) WK AGO 77(654) YR AGO 47(645) WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 08/17/19 1,902 6,336 Week Ending: 08/10/19 1,748 6,802 Change from prev week: +154 -466