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DTN Cattle Close/Trends 04/16 15:45

16 Apr 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 04/16/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 14,443 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: 2,578 WEEK TO DATE: 23,350 STEERS DRESSED DELIVERED 135 194.00-194.00 194.00-194.00 194.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 332 WEEK TO DATE: 8,900 STEERS LIVE FOB 332 120.00-120.00 120.00-120.00 120.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 1,332 WEEK TO DATE: 2,850 STEERS LIVE FOB 1,089 122.00-122.00 122.00-122.00 122.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 53 122.00-122.00 122.00-122.00 122.00 HEIFERS LIVE DELIVERED No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 5,324 WEEK TO DATE: 6,013 STEERS DRESSED DELIVERED 364 193.00-195.00 193.00-195.00 194.58 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 40 195.00-195.00 195.00-195.00 195.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light to moderate trade this week with Southern live deals marked at $119 to $121, mostly $120 to $121, steady to $1 higher than last week's weighted averages. Dressed deals in the North had a full range of $193 to $196, mostly $195 to $196 roughly steady to $1 higher than the prior week's weighted average basis Nebraska. 5-AREA LV STR AVG(FOB)PR&WT: $122.05(1439) HIDE&OFFAL: $10.92 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $180.93 $169.11 68,617 BOX BASED $264.05 $257.10 40,313 AVE INDEX $222.49 -0.61 $213.10 +0.01 108,930 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $276.05 -0.57 $269.10 +0.67 54.68 LDS CH CUTS / 10.12 LDS SEL CUTS / 10.75 LDS TRIM / 12.89 LDS GROUND BOXED BEEF TREND: Not available due to changes on USDA reports COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/09 $255.85 +14.04 CUTTER 90% 350# UP C/O: $191.50 -1.67 NAT'L BONELESS BF TRIM: 52.04 lds / Slightly hr on mod-gd dem & mod offers 90% TRIM: 07 lds: Wtd Avg $234.45 / Weak to lower FI KILL(WTD) FRI 113(570) WK AGO 111(575) YR AGO 86(449) MIX: THU SH86/CB28 SAT 70(640) WK AGO 66(641) YR AGO 38(486) WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 04/03/21 1,862 6,671 Week Ending: 03/27/21 2,249 9,504 Change from prev week: -387 -2,833