DTN CATTLE PRICES/TRENDS 09/11 08:00
WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 09/04-09/08
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
KS 2,500 180.00 .
NE 2,700 183.00-184.00 290.00-292.00
TX 1,700 179.00-180.00 .
CO . . .
IA 1,800 183.00-185.00 290.00-291.00
DTN WEEKLY ROUND UP: Significant trade volume did not really
get started last week until Thursday. Northern dressed
business showed a full range of $286 to $292, mostly $290,
generally steady with the bulk of the previous week's trade.
Southern live dealings held off until Friday and were at
mostly $180, roughly $1 to $2 higher than the prior week's
weighed averages. 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
$179.00($178.04); NE $289.49($290.71); TX $179.00($178.88);
IA $289.18($289.47); CO not available due to confidentiality.
Keep in mind that most of the Southern live trade did not
develop until Friday, so weighted averages might not be fully
accurate.
The Friday Afternoon Daily Direct Slaughter Cattle report
lists week-to-date trade volume totals as: KS 5,975; NE
11,845; TX 6,407; IA 12,244; CO not available due to
confidentiality. Friday's slaughter totaled 125,000 head,
3,000, more than the prior week but 3,000 below last year.
Saturday's kill was estimated at 51,000 head, bringing the
weekly total to 559,000 head, 70,000 less than the previous
week, and 47,000 below 2022. The weekly averages for boxed
beef cutouts and boxed beef cuts: choice $313.41(-1.55),
select $287.34(-2.82), with an average choice select spread
of $25.69(+0.90), and a total load count including cuts,
trimmings, and grinds of 535(+35). Changes from the prior
week are listed in parentheses.
For the week ending September 02, 2023, Imported Beef Passed
for Entry in the U.S. totaled 43,582, 90.29% of the previous
week and 99.44% of the 4-week average.
DTN MORNING COMMENTS: It will likely be a typically quiet
Monday as both packers and producers prepare for the week
ahead. Bids and asking prices are not established, and probably
will not be until Wednesday or later. Significant trade volume
will likely be delayed until the second half of the week. Beef
cutouts are expected to be mixed 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.
