DTN CATTLE PRICES/TRENDS 10/25 08:00
WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 10/18-10/22
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
KS 2,500 124.00 .
NE 3,000 124.00-126.50 196.00
TX 2,000 124.00 .
CO 500 125.00 .
IA 1,000 124.00-125.00 196.00
DTN WEEKLY ROUND UP: Business took place throughout the week
last week, but the bulk of trade took place on Wednesday.
Southern live deals had a range of $123 to $124, mostly $124,
about steady with the previous week's weighted averages.
Northern dressed trade had a full range of $193 to $198,
mostly $196, roughly steady with the prior week's weighted
average basis Nebraska. According to Thursday's Daily Direct
Slaughter Cattle Summary reports the accumulated weekly
average price totals are as follows (the prior week's
weighted averages are listed in parentheses): KS
$124.00($123.96); NE $195.89 ($195.84); TX $123.74($123.95);
IA $195.67($195.47); CO not available due to confidentiality,
but private sources reported trade at $125.00($124.00).
According to the Friday Afternoon Daily Direct Slaughter
Cattle reports weekly trade volume totals were: KS 10,067; NE
15,287; TX 7,996; IA 22,952, CO not available due to
confidentiality. Friday's slaughter totaled 112,000 head,
5,000 more than the prior week and 8,000 greater than the
previous year. Saturday's kill was estimated at 67,000 head,
bringing the weekly total to 661,000 head, 15,000 above the
week before, and 16,000 higher than 2020.
The weekly averages for boxed beef cutouts and boxed beef
cuts: choice $280.70(+0.14), select $261.99(+1.00), with an
average choice select spread of $18.71(-0.84), and a total
load count including cuts, trimmings, and grinds of 639(-
114). Changes from the prior week are listed in parentheses.
For the week ending October 16, 2021, Imported Beef Passed for
Entry in the U.S. totaled 43,917, 95.01% of the previous week
and 95.63% of the 4-week average.
DTN MORNING COMMENTS: A typically quiet Monday morning with
both buyers and sellers busy taking inventory. Bids and asking
prices have yet to be established. Significant trade volume
will likely be delayed until Wednesday or later. Beef cutouts
are expected to be higher 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 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 volumes and summaries from this
data will also be posted on the Daily Sales Reported to DTN
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