DTN Cattle Prices/Trends 12/05 08:00

DTN CATTLE PRICES/TRENDS               12/05 08:00

WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 11/28-12/02

STATE  HEAD SOLD   LIVE PR RANGE   DRESSED PR RANGE
KS       2,900     154.00-155.50   .
NE       3,200     157.00-158.00   245.00-247.50
TX       2,500     154.00-155.00   .
CO         400     157.00          .
IA       1,000     155.00-157.00   244.00-245.00

DTN WEEKLY ROUND UP:  The bulk of business took place on 
Wednesday and Thursday last week, with just a little cleanup 
on Friday. Southern live trade had a range of $153.50 to $155, 
mostly $155 about steady with the prior week's weighted 
averages. Northern dressed deals had a range of $245 to $249 
mostly $249, nearly $4 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 
$155.00($154.71); NE $248.91 ($244.95); TX $154.97($154.62); 
IA $248.34($244.88); CO $157.00 (NA due to Confidentiality). 

The Friday Afternoon Daily Direct Slaughter Cattle report 
lists weekly trade volume totals as: KS 10,352; NE 20,591; TX 
8,745; IA 13,821; CO 1,099. Friday's slaughter totaled 123,000 
head, 2,000 more than last week, and 3,000 above a year ago. 
Saturday's kill was estimated at 28,000 head, bringing the 
weekly total to 663,000 head, 67,000 greater than the previous 
week, but 19,000 less than 2021. The weekly averages for boxed 
beef cutouts and boxed beef cuts: choice $253.53(-0.62), 
select $225.78(-8.00), with an average choice select spread of 
$27.75 (+7.60), and a total load count including cuts, 
trimmings, and grinds of 695(+210). Changes from the prior 
week are listed in parentheses.

For the week ending November 26, 2022, Imported Beef Passed for 
Entry in the U.S. totaled 33,508, 73.44% of the previous week 
and 76.45% of the 4-week average. 

DTN MORNING COMMENTS: It looks to be a typically quiet Monday 
morning, with both buyers and sellers busy taking inventory, 
and collecting new 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 lower 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.