DTN Cattle Close/Trends 01/16 15:40
16 Jan 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 01/16/24 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: 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 COMMENTS: Another very quiet day in cattle country as many are still fighting snow and extreme cold. A few early asking prices are noted in the South around $174 to $175, but are not established in the North. Bids remain very elusive. 5-AREA LV STR AVG(FOB)PR&WT: $No Test HIDE&OFFAL: $11.64 -0.01 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $264.00 $244.14 38,373 DEMAND (Box) $282.99 $267.98 44,373 INDEX VALUE $273.49 +1.79 $256.06 +3.72 82,746 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $294.99 +3.57 $279.98 +7.42 73.96 LDS CH CUTS / 15.67 LDS SEL CUTS / 3.98 LDS TRIM / 18.32 LDS GROUND DAILY CHOICE/SELECT SPREAD $15.01 TOTAL LOAD COUNT 112 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 01/12 $280.51 +0.41 CUTTER 90% 350# UP C/O: $216.00 +7.97 NAT'L BONELESS BF TRIM: 18.60 lds / Generally steady on lt dem & offers 90% TRIM: 06 lds: Wtd Avg: $271.85 / Sharply higher on a light market test FI KILL(WTD) TUE 114(226) WK AGO 94(198) YR AGO 129(253) BREAKDOWN: MON - SH89/CB23 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 12/30/23 675 4,961 Week Ending: 12/23/23 1,530 9,310 Change from prev week: -855 -4,349