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USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/25/20
VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG
KANSAS CONFIRMED CASH SALES - TODAY: 13,036 WEEK TO DATE: 13,036
STEERS LIVE FOB
8,108 110.00-111.00 110.00-111.00 110.99
STEERS LIVE DELIVERED
No reportable trade
HEIFERS LIVE FOB
3,346 108.50-111.00 108.50-111.00 111.90
HEIFERS LIVE DELIVERED
No reportable trade
NEBRASKA CONFIRMED CASH SALES - TODAY: 7,484 WEEK TO DATE: 8,254
STEERS DRESSED DELIVERED
3,150 171.00-174.00 171.00-174.00 173.18
STEERS DRESSED FOB
35 172.00-172.00 172.00-172.00 172.00
HEIFERS DRESSED DELIVERED
1,505 172.00-174.00 172.00-174.00 173.82
HEIFERS DRESSED FOB
No reportable trade
TEXAS CONFIRMED CASH SALES - TODAY: 2,573 WEEK TO DATE: 2,573
STEERS LIVE FOB
825 110.75-111.00 110.75-111.00 110.93
STEERS LIVE DELIVERED
No reportable trade
HEIFERS LIVE FOB
1,451 111.00-111.00 111.00-111.00 111.00
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
No reportable trade
HEIFERS LIVE FOB
NA Due to Confidentiality
HEIFERS LIVE DELIVERED
No reportable trade
IOWA CONFIRMED CASH SALES - TODAY: 5,110 WEEK TO DATE: 16,175
STEERS DRESSED DELIVERED
1,557 171.00-174.00 171.00-174.00 173.82
STEERS DRESSED FOB
102 170.00-171.00 170.00-171.00 170.67
HEIFERS DRESSED DELIVERED
816 172.00-174.00 172.00-174.00 173.21
HEIFERS DRESSED FOB
126 171.00-171.00 171.00-171.00 171.00
COMMENTS: There's been some cash cattle trade but thus far it's only been a
light movement at steady to $1.00 higher than a week ago. The futures market
has
really supported cash sellers and higher boxed beef prices will keep packers
encouraged to keep buying and processing. Achieving $113 by the end of the week
isn't
out of the question if feedlots don't weaken late Wednesday evening and
continue to
rally together.
5-AREA LV STR AVG(FOB)PR&WT: $109.37 (1523) HIDE&OFFAL: $8.45 Unchgd
CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD
LIVE BASED $164.33 $146.70 89,374
BOX BASED $233.06 $208.90 49,190
AVE INDEX $198.69 +0.35 $177.80 +0.57 138,564
BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#)
$245.06 +0.76 $220.90 +1.19
75.79 LDS CH CUTS / 18.62 LDS SEL CUTS / 8.20 LDS TRIM / 13.61 LDS GROUND
BOXED BEEF TREND: Not available due to changes on USDA reports
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/20 $226.48 +10.82
CUTTER 90% 350# UP C/O: $166.82 -1.23
NAT'L BONELESS BF TRIM: 61.03 lds / Mostly sharply lower
90% TRIM: 30 lds: Wtd Avg $200.90 / Sharply lwr on lgt dem-offers
FI KILL(WTD) WED 118(360) WK AGO 119(359) YR AGO 119(348) MIX: TUES SH96/CB26
WEEKLY CANADIAN CATTLE IMPORTS.
FEEDERS SLAUGHTER S&H
Week Ending: 11/14/20 3,307 10,751
Week Ending: 11/07/20 3,160 11,349
Change from prev week: +147 -598
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