DTN Cattle Close/Trends 01/16 15:40
16 Jan 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 01/16/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 17,703 WEEK TO DATE: 19,626 STEERS LIVE FOB 7,654 123.00-124.00 123.00-124.00 123.95 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 4,837 123.00-124.00 123.00-124.00 123.89 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 18,048 WEEK TO DATE: 18,048 STEERS DRESSED DELIVERED 5,639 198.00-200.00 198.00-199.00 199.31 STEERS DRESSED FOB 496 199.00-199.00 199.00-199.00 199.00 HEIFERS DRESSED DELIVERED 387 198.00-200.00 198.00-200.00 199.17 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 5,781 WEEK TO DATE: 6,047 STEERS LIVE FOB 2,603 124.00-124.00 124.00-124.00 124.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,347 124.00-124.00 124.00-124.00 124.00 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: NA Conf WEEK TO DATE: NA Conf STEERS LIVE FOB Trade not available due to confidentiality STEERS LIVE DELIVERED Trade not available due to confidentiality HEIFERS LIVE FOB Trade not available due to confidentiality HEIFERS LIVE DELIVERED Trade not available due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 7,830 WEEK TO DATE: 9,460 STEERS DRESSED DELIVERED 1,807 198.00-199.00 198.00-199.00 198.58 STEERS DRESSED FOB 198 197.00-197.00 197.00-197.00 197.00 HEIFERS DRESSED DELIVERED 1,367 198.00-199.00 198.00-199.00 198.35 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light to moderate trade developed today with Southern live deals marked at $123 to $124, mostly $124, fully steady with last week's weighted averages. Northern dressed biz was at $197 to $200, mostly $199 roughly $1 lower than last week's weighted average basis Nebraska. 5-AREA LV STR AVG(FOB)PR&WT: $124.08(1406) HIDE&OFFAL: $9.20 -0.01 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $188.56 $182.62 57,718 BOX BASED $200.90 $199.47 49,699 AVE INDEX $194.73 +0.19 $191.05 +0.91 107,417 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $212.90 +0.37 $211.47 +1.80 76.15 LDS CH CUTS / 17.56 LDS SEL CUTS / 9.05 LDS TRIM / 12.20 LDS GROUND BOXED BEEF TREND: Frm/Hr on mod-frly gd dem & mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 01/10 $211.12 -0.33 CUTTER 90% 350# UP C/O: $186.54 +0.39 NAT'L BONELESS BF TRIM: 35.47 lds / Modly/shrply lr on lt dem & mod offers 90% TRIM: 16 lds: Wtd Avg $243.78 / Generally steady FI KILL(WTD) THU 122(488) WK AGO 122(488) YR AGO 122(484) MIX: WED SH95/CB27 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 01/04/20 233 5,024 Week Ending: 12/28/19 7 3,847 Change from prev week: +226 +1,177