Comments for Tuesday, 12/24:
Asking prices still haven't been listed, but it's assumed cattle will trade
at least steady again this week, if not higher. Given that packers only
bought 49,000 head in last week's cash market, they'll need to purchase more
cattle this week to avoid being short-bought.
NOTE: USDA is closed Tuesday and Wednesday, Dec. 24, 25. Most of the reports
for this page will not be released again until Thursday, Dec. 26.
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/23/24
VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG
KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0
STEERS LIVE FOB
No reportable trade
STEERS LIVE DELIVERED
No reportable trade
HEIFERS LIVE FOB
No reportable trade
HEIFERS LIVE DELIVERED
No reportable trade
NEBRASKA CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0
STEERS DRESSED DELIVERED
No reportable trade
STEERS DRESSED FOB
No reportable trade
HEIFERS DRESSED DELIVERED
No reportable trade
HEIFERS DRESSED FOB
No reportable trade
TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0
STEERS LIVE FOB
No reportable trade
STEERS LIVE DELIVERED
No reportable trade
HEIFERS LIVE FOB
No reportable trade
HEIFERS LIVE DELIVERED
No reportable trade
COLORADO CONFIRMED CASH SALES - TODAY: NA Conf WEEK TO DATE: NA Conf
STEERS LIVE FOB
NA Due to Confidentiality
STEERS LIVE DELIVERED
NA Due to Confidentiality
HEIFERS LIVE FOB
NA Due to Confidentiality
HEIFERS LIVE DELIVERED
NA Due to Confidentiality
IOWA CONFIRMED CASH SALES - TODAY: 35 WEEK TO DATE: 35
STEERS DRESSED DELIVERED
No reportable dressed trade
STEERS DRESSED FOB
No reportable trade
HEIFERS DRESSED DELIVERED
No reportable dressed trade
HEIFERS DRESSED FOB
No reportable trade
COMMENTS: It was a quiet day for the cash cattle market with no trade
developing. But with packers only having bought 49,000 head last week, it's
likely they'll need step to in and be aggressive in the market at some point
this week to avoid being short bought.
NOTE: USDA is closed Tuesday and Wednesday, Dec. 24, 25. Most of the reports
for this page will not be released again until Thursday, Dec. 26.
5-AREA LV STR AVG(NEG)PR&WT: $193.83(1532) HIDE&OFFAL: $11.37 Unchg
CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD
SUPPLY (Live) $295.84 $265.42 38,748
DEMAND (Box) $303.98 $274.75 41,300
INDEX VALUE $299.91 unch $270.08 +0.47 80,048
BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#)
$315.98 +0.13 $286.75 +0.84
66.33 LDS CH CUTS / 20.60 LDS SEL CUTS / 13.50 LDS TRIM / 13.97 LDS GROUND
DAILY CHOICE/SELECT SPREAD $29.23 TOTAL LOAD COUNT 114
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/20 $310.40
CUTTER 90% 350# UP C/O: $255.85 +0.74
NAT'L BONELESS BF TRIM: 33.27 lds / Mixed
90% TRIM: 10 lds: Wtd Avg: $322.57/
FI KILL(WTD) MON 118 WK AGO 118 YR AGO .1
*PREVIOUS DAY BREAKDOWN: FRIDAY SH95 / CB22*
WEEKLY CANADIAN CATTLE IMPORTS.
WK ENDING FEEDERS SLAUGHTER S&H
Week Ending: 12/07/24 1,653 15,596
Week Ending: 11/30/24 2,351 9,206
Change from prev week: -698 +6,390
