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DTN CATTLE PRICES/TRENDS 09/16 08:00
TOTALS OF WEEKLY SALES REPORTED TO DTN FOR THE WEEK OF: 09/09-09/13
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
KS 2,300 180.00-181.00 .
NE 2,900 181.00 288.00, Few 294.00
TX 1,400 181.00-182.00 .
CO 0 . .
IA 1,100 182.00 288.00, Few 294.00
DTN WEEKLY ROUND UP: The bulk of Southern business took place
mostly on Wednesday with live deals marked at $177 to $182, mostly
$181, generally steady with last week's weighted averages. The
majority of Northern dressed sales took place on Friday with a full
range of $287 to $294, mostly $288, roughly steady with last 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 $180.18($180.97); NE $292.72($287.66); TX
$181.00 ($181.00); IA $293.21($287.30); CO not available due to
confidentiality. Due to the late Northern trade weighted averages
will likely be somewhat lower when summaries come out later this
morning.
The Friday Afternoon Daily Direct Slaughter Cattle report lists
week-to-date trade volume totals as: KS 5,246; NE 9,542; TX 3,388,
IA 9,254; CO NA due to confidentiality. Friday's slaughter totaled
118,000 head, 5,000 less than the prior week, and 3,000 below a year
ago. Saturday's kill was estimated at 17,000 head, bringing the
weekly total to 620,000 head, 78,000 more than the previous week,
but 11,000 under 2023. The weekly average for boxed beef cutouts and
boxed beef cuts: choice $307.24(-3.56), select $295.94(-2.16), with
an average choice select spread of $11.30(-1.40), and a total load
count including cuts, trimmings, and grinds of 743(+199), (Changes
from the prior week are listed in parentheses).
For the week ending September 07, 2024, Imported Beef Passed for
Entry in the U.S. totaled 41,626, 81.75% of the previous week and
85.72% of the 4-week average.
DTN MORNING COMMENTS: Both buyers and sellers are busy preparing for
the week ahead. It will likely be a typical Monday with bids and
asking prices not established. Significant trade volume will likely
be delayed until the second half of the week. Beef cutouts are
expected to be lower 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.
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