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Market News Details

DTN Cattle Close/Trends





                 USDA MARKET NEWS--AFTERNOON CATTLE REPORT    01/22/18

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG
   
KANSAS    CONFIRMED CASH SALES - TODAY:       0   WEEK T0 DATE:       0
STEERS    No reportable trade
HEIFERS   No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:       0   WEEK TO DATE:       0
STEERS    No reportable trade
HEIFERS   No reportable trade

TEXAS     CONFIRMED CASH SALES - TODAY:       0   WEEK TO DATE:       0
STEERS    No reportable trade
HEIFERS   No reportable trade

COLORADO  CONFIRMED CASH SALES - TODAY:       0   WEEK TO DATE:       0
STEERS    No reportable trade
HEIFERS   No reportable trade

IOWA      CONFIRMED CASH SALES - TODAY:      35   WEEK TO DATE:      35
STEERS    No reportable trade
HEIFERS   No reportable trade

COMMENTS: A typical Monday with the cash trade at a standstill

5-AREA LV STR AVE PR&WT: $122.92(1460)  HIDE&OFFAL: $10.66 Unchg
CARCASS EQV INDEX   CHOICE (600-900#)   SELECT (600-900#)    #OF HD
  LIVE BASED           183.18              176.92             73,844
  BOX BASED            193.07              187.52             47,939
  AVE INDEX            188.13  +2.64       182.22  +2.78     121,783
BEEF CUTOUTS        CHOICE (600-900#)   SELECT (600-900#)
                       205.07  +0.21       199.52  -0.64
  55.72 LDS CH CUTS / 20.97 LDS SEL CUTS / 20.12 LDS TRIM / 11.79 LDS GROUND
BOXED BEEF TREND: Stdy/wk on lt-mod dem & mod offers
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 01/19 $205.46 -1.79
 CUTTER 90%  350# UP C/O: $170.57 +0.47
 NAT'L BONELESS BF TRIM:  80.00 lds / Unevenly stdy on mod dem & hvy offers
 90% TRIM:  38 lds: Wtd Avg $214.14 / Firm to higher
FI KILL(WTD) MON  88( 88) WK AGO 118(118) YR AGO 113(113) 
             MIX: FRI SH94/CB23  SAT SH15/CB12
                    WEEKLY CANADIAN CATTLE IMPORTS.
                         FEEDERS     SLAUGHTER S&H
Week Ending:  01/06/18      285        4,217
Week Ending:  12/30/17      110        1,641
Change from prev week:     +175       +2,576

Market Commentary

The markets opened firmer as called with more short-covering that took meal and beans to new highs for the recent move upward. Meal led the charge on concerns still about the health of Argentine crops. Soyoil futures lagged the pace, while wheat/corn trade was a dominant morning theme..............
End of Week Audio Commentary
by Jody Lefcourt
Last updated 12/22/2017 11:36 AM CST
Quotes, news, weather & polling services by Telvent/DTN.  Market data delayed at least 10 minutes.  Futures quotes source: ICE, MGEX & CME Group.