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.