DTN CATTLE PRICES/TRENDS 10/19 08:00
WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 10/12-10/16
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
KS 3,000 108.00 .
NE 3,500 107.00-108.00 169.00
TX 2,500 108.00 .
CO 500 108.00 .
IA 1,000 . 168.00-169.00
LAST WEEK'S ROUND UP: The majority of business took place on
Wednesday and Thursday last week. Southern live deals ranged
from $106 to $109, mostly $108, roughly $0.50 lower than the
weighted averages of the week before. Northern dressed trade
had a range of $165 to $170, mostly $169, about $1 lower than
the prior week's weighted average basis Nebraska. According
to Thursday's Mandatory summary reports weekly accumulated
average price totals are as follows (the prior week's
weighted averages are listed in parentheses): KS $108.00
($108.54); NE $168.64($169.73); TX $108.12($108.91); IA
$168.05($169.54); CO Not available due to confidentiality,
but private sources reported sales at $108.
The Friday afternoon Mandatory reports showed weekly trade
volumes as follows: KS 15,995; NE 33,593; TX 7,848; IA
34,315; CO not available due to confidentiality. Friday's
slaughter was estimated at 116,000 head, 4,000 more than the
week before, and 8,000 greater than a year ago. Saturday's
kill was estimated at 62,000 head, bringing the weekly total
to 654,000 head, 17,000 head above the prior week, and 11,000
head higher than 2019.
DTN MORNING COMMENTS: The country is typically quiet this
Monday morning with both buyers and sellers busy taking
inventory. Bids and asking prices are not established, and
significant trade volume may be delayed until Wednesday or
later. Beef cutouts are expected to be lower with generally
light box movement.
For the week ending October 10, 2020, Imported Beef Passed for
Entry in the U.S. totaled 37,136, 87.18% of the previous week
and 90.73% of the 4-week average.
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. General trends and summaries from this
data will also be posted on the Daily Sales Reported to DTN
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