DTN CATTLE PRICES/TRENDS 11/28 08:00
WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 11/21-11/25
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
KS 3,000 154.00-155.50 .
NE 3,200 157.00-158.00 245.00-247.50
TX 2,150 154.00-155.00 .
CO 0 . .
IA 1,200 155.00-157.00 244.00-245.00
DTN WEEKLY ROUND UP: The bulk of business took place on
Wednesday last week, with just a little cleanup on Friday.
Southern live trade had a range of $152 to $155.50, mostly
$154 to $155, about $3.50 to $4.50 higher than the prior
week's weighted averages. Northern dressed deals had a range
of $243 to $247.50 mostly $245, a tad more than $3 higher than
last week's weighted average basis Nebraska.
According to Thursday's Daily Direct Slaughter Cattle Summary
reports, the accumulated weekly average price totals were as
follows (the prior week's weighted averages are listed in
parentheses): KS $154.70($151.20); NE $244.97($242.00); TX
$154.62($150.07); IA $244.90($241.49); CO not available due to
confidentiality. The Friday Afternoon Daily Direct Slaughter
Cattle report lists weekly trade volume totals as: KS 14,280;
NE 29,817; TX 9,525; IA 26,975; CO not available due to
Thursday's holiday kill was 2,000, while Friday's slaughter
totaled 112,000 head, 13,000 below the prior week and 4,000
less than a year ago. Saturday's kill was estimated at 81,000
head, bringing the weekly total to 581,000 head, 97,000 under
the previous week, but 13,000 above 2021. The weekly averages
for boxed beef cutouts and boxed beef cuts: choice $254.15(-
2.93), select $233.75(+1.60), with an average choice select
spread of $20.14(-4.76), and a total load count including
cuts, trimmings, and grinds of 485(-267). Changes from the
prior week are listed in parentheses.
For the week ending November 19, 2022, Imported Beef Passed for
Entry in the U.S. totaled 45,629, 109.33% of the previous week
and 105.34% of the 4-week average.
DTN MORNING COMMENTS: This Monday morning looks to be typically
quiet, with both packers and producers busy taking inventory,
and setting up showlists. Bids and asking prices have yet to be
established. Significant trade volume will likely be delayed
until Wednesday or Thursday. Beef cutouts are expected to be
mixed, with generally light box movement.
NOTE: The price and volume information listed on this page is
supplied by DTN subscribers in the interest of general cash
market awareness. All cattle feeding subscribers are encouraged
to report sales in a timely fashion in order to compensate for
the systematic delays of mandatory reporting. While all
transactions will be posted on an anonymous basis, callers are
required to identify themselves and the location of the actual
sales. DTN believes this data to be accurate but cannot
guarantee its specific reliability or whether it fairly
represents the larger cash market.
Feedlots are encouraged to call DTN with any cattle sales, at
1-800-369-7675, ext. 3678. All sales will be listed
anonymously and organized by state. A weekly summary from
this data will be posted on the Weekly Cattle Sales Reported
to DTN page.
Get your local Cash Bids emailed to you each morning from DTN – click here
to sign up for DTN Snapshot.