DTN Market Commentary

DTN Cattle Close/Trends 01/27 15:35

1/27/2021 - 16:06:00





           USDA MARKET NEWS--AFTERNOON CATTLE REPORT    01/27/21

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:       0
    STEERS LIVE FOB
          No reportable trade
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          No reportable trade
    HEIFERS LIVE DELIVERED
          No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:       0
    STEERS DRESSED DELIVERED
          No reportable trade
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable trade
    HEIFERS DRESSED FOB
          No reportable trade
 
TEXAS     CONFIRMED CASH SALES - TODAY:     670  WEEK TO DATE:   1,857
    STEERS LIVE FOB
          495         112.75-113.00       112.75-113.00       112.94
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          175         113.00-113.00       113.00-113.00       113.00
    HEIFERS LIVE DELIVERED
          No reportable trade

COLORADO  CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:       0
    STEERS LIVE FOB
          No reportable trade
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          No reportable trade
    HEIFERS LIVE DELIVERED
          No reportable trade

IOWA      CONFIRMED CASH SALES - TODAY:     465  WEEK TO DATE:   3,649
    STEERS DRESSED DELIVERED
          No reportable trade
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable trade
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS: A quiet day in the country today, the trade reported in Texas are 
from the FCE Auction. It looks like significant trade volume will likely be
delayed until Thursday or later.

5-AREA LV STR AVG(FOB)PR&WT: $110.80(1502) HIDE&OFFAL: $9.35 Unchg
CARCASS EQV INDEX   CHOICE (600-900#)   SELECT (600-900#)    #OF HD
   LIVE BASED         $162.59             $150.70            69,986
   BOX BASED          $217.66             $206.99            45,992
   AVE INDEX          $190.13  +0.45      $178.84  +0.97    115,978
BEEF CUTOUTS        CHOICE (600-900#)   SELECT (600-900#)
                      $229.66  +0.60      $218.99  +1.66
   71.56 LDS CH CUTS / 11.76 LDS SEL CUTS / 15.99 LDS TRIM / 21.32 LDS GROUND
BOXED BEEF TREND: Not available due to changes on USDA reports
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 01/22 $216.35 +5.64
 CUTTER 90%  350# UP C/O: $178.69 -0.56 
NAT'L BONELESS BF TRIM:  44.56 lds / Gen stdy on mod dem & offers
 90% TRIM: 12 lds: Wtd Avg $219.91 / Unevenly steady    
FI KILL(WTD) WED 119(351) WK AGO 120(349) YR AGO 124(364) MIX: TUE SH91/CB26
                       WEEKLY CANADIAN CATTLE IMPORTS.
                           FEEDERS  SLAUGHTER S&H
   Week Ending:  01/09/21     998        8,671   
   Week Ending:  01/02/21     129        4,995
   Change from prev week:    +869       +3,676
   2020 YTD Totals        118,181      491,738