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DTN Cattle Close/Trends 09/12 15:30

12 Sep 2019
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 09/12/19 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 988 WEEK TO DATE: 1,336 STEERS LIVE FOB 502 99.00-99.00 99.00-99.00 99.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 417 99.00-99.00 99.00-99.00 99.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 2,642 WEEK TO DATE: 5,961 STEERS DRESSED DELIVERED 2,015 158.00-159.00 158.00-159.00 158.82 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 422 159.00-159.00 159.00-159.00 159.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 2,619 WEEK TO DATE: 4,034 STEERS LIVE FOB 1,358 99.00-99.00 99.00-99.00 99.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,077 99.00-99.00 99.00-99.00 99.00 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 175 WEEK TO DATE: 175 STEERS LIVE FOB 175 99.00-99.00 99.00-99.00 99.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 685 WEEK TO DATE: 3,633 STEERS DRESSED DELIVERED 342 156.00-159.00 156.00-159.00 157.71 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 303 157.00-158.00 157.00-158.00 157.14 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light trade was reported in most areas today with Southern live biz at $99, $1 lower than last week's weighted averages. This afternoon Northern trade got started at mostly $159 to $160, roughly $6-$7 lower than last week's weighted average basis Nebraska, a good many of the Nebraska sales are set for delayed delivery (the weeks of 9/23 & 9/30) 5-AREA LV STR AVG(FOB)PR&WT: $100.58(1499) HIDE&OFFAL: $9.05 -0.12 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $155.02 $132.47 50,203 BOX BASED $207.97 $186.60 49,260 AVE INDEX $181.50 -0.78 $159.53 -0.73 99,463 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $219.97 +0.08 $198.60 +0.20 56.07 LDS CH CUTS / 35.59 LDS SEL CUTS / 8.40 LDS TRIM / 21.58 LDS GROUND BOXED BEEF TREND: Stdy on mod dem & mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 09/06 $224.22 -2.95 CUTTER 90% 350# UP C/O: $175.79 +0.18 NAT'L BONELESS BF TRIM: 56.37 lds / Wk on lt-mod dem & offers 90% TRIM: 16 lds: Wtd Avg $224.58 / Lower FI KILL(WTD) THU 114(462) WK AGO 116(349) YR AGO 122(481) MIX: WED SH90/CB27 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 08/31/19 1,302 8,470 Week Ending: 08/24/19 2,827 6,900 Change from prev week: -1,525 +1,570