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DTN CATTLE PRICES/TRENDS 12/02 08:00
TOTALS OF WEEKLY SALES REPORTED TO DTN FOR THE WEEK OF: 11/25-11/29
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
KS 1,000 190.00 .
NE 2,000 190.00 295.00-296.00
TX 1,200 190.00 .
CO . . .
IA 1,200 190.00 295.00-300.00
*=PRIVATE SOURCE ONLY
DTN WEEKLY ROUND UP: The majority of trade took place on Wednesday last week
with Southern live deals marked at mostly $190, $4 higher than the previous
week's weighted averages. Northern dressed business had a full range of $291
to $306, mostly $295, $5 higher than the previous week's weighted average
basis Nebraska. According to Wednesday's Daily Direct Slaughter Cattle
Negotiated Purchase Summary reports, weekly accumulated weighted averages
were as follows, (the prior week's weighted averages are listed in
parentheses). KS $190.00 ($186.41); NE $295.00($290.24); TX $189.17($186.48);
IA $297.73($293.83); CO not available due to confidentiality.
The Friday Afternoon Daily Direct Slaughter Cattle report lists week-to-date
trade volume totals as: KS 5,143; NE 19,345; TX 5,707, IA 34,235; CO NA due
to confidentiality. Friday's slaughter totaled 117,000 head, even with the
prior week, but 6,000 less than a year ago. Saturday's kill was estimated at
39,000 head, bringing the weekly total to 528,000 head, 103,000 below the
previous week, and 112,000 under 2023. The weekly average for boxed beef
cutouts and boxed beef cuts: choice $310.77(+3.44), select $274.46(+1.79),
with an average choice select spread of $36.31(+1.65), and a total load count
including cuts, trimmings, and grinds of 487(-112), (Changes from the prior
week are listed in parentheses).
For the week ending November 23, 2024, Imported Beef Passed for Entry in the
U.S. totaled 57,616, 105.70% of the previous week and 106.25% 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. Bids and asking
prices are not established and significant trade volume will likely be
delayed until late in the second half of the week. Beef cutouts are expected
to be mixed, with generally light box movement.
NOTE: 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.
DTN offers additional daily information available free through DTN Snapshot – sign up today.
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