DTN CATTLE PRICES/TRENDS 10/21 08:05
TOTALS OF WEEKLY SALES REPORTED TO DTN FOR THE WEEK OF: 10/14-10/18
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
KS 1,800 188.00 .
NE 2,500 187.00-189.00 296.00
TX 1,200 187.00-188.00 .
CO 0 . .
IA 1,300 187.00-188.00 296.00
*=PRIVATE SOURCE ONLY
DTN WEEKLY ROUND UP: Business took place mostly on Thursday last week,
with a little clean up on Friday. Northern dressed business had a full
range of $296 to $304, mostly $296, fully steady with the prior week's
weighted averages. Southern live deals had a range of $185 to $189.50,
mostly $188, $1 higher than the previous week's weighted averages.
According to Thursday's Daily Direct Slaughter Cattle Negotiated Purchase
Summary reports, weekly accumulated totals were as follows, (the prior
week's weighted averages are listed in parentheses). KS $187.91($186.73);
NE $296.00($295.98); TX $187.84($186.95); IA $296.84($295.93); CO not
available due to confidentiality.
The Friday Afternoon Daily Direct Slaughter Cattle report lists
week-to-date trade volume totals as: KS 6,907; NE 19,168; TX 4,394,
IA 24,029; CO NA due to confidentiality. Friday's slaughter totaled
106,000 head, even with the prior week, but 11,000 below a year ago.
Saturday's kill was estimated at 14,000 head, bringing the weekly
total to 608,000 head, 22,000 more than the previous week, but down
29,000 from 2023. The weekly average for boxed beef cutouts and
boxed beef cuts: choice $317.84(+9.41), select $292.26(+3.05), with
an average choice select spread of $25.58 (+6.36), and a total load
count including cuts, trimmings, and grinds of 637(-21), (Changes
from the prior week are listed in parentheses).
For the week ending October 12, 2024, Imported Beef Passed for Entry
in the U.S. totaled 53,213, 119.84% of the previous week and 107.76%
of the 4-week average.
DTN MORNING COMMENTS: It looks to be a typically quiet Monday as both
packers and producers are busy preparing for the week ahead.
Significant trade volume will likely be delayed until the second half
of the week. Beef cutouts are expected to be higher, 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, 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
1-402-461-3561. All sales will be listed anonymously and organized
by state. A weekly summary of this data will be posted on the
Weekly Cattle Sales Reported to DTN page and will be left up for
the entire week for reference purposes.
