DTN CATTLE PRICES/TRENDS 01/24 07:55
WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 01/17-01/21
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
KS 3,500 137.00 .
NE 3,700 137.00 218.00-219.00
TX 950 137.00 .
CO 0 . .
IA 1,150 137.00 218.00
DTN WEEKLY ROUND UP: The majority of business took place on
Tuesday and Wednesday last week, with just a little scattered
trade on both Thursday and Friday. Northern dressed deals had
a range of $217 to $218, mostly $218, generally steady with
the prior week's weighted averages, a good many of these
cattle are set for delivery in the weeks of January 31st and
February 7th. Southern live trade had a full range of $135.50
to $137, mostly $137, $1 to $1.50 higher than the previous
week's weighted averages. 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
$136.72($135.56); NE $217.95($218.00); TX $137.00($136.18);
IA $217.85($218.00); CO not available due to confidentiality.
According to the Friday Afternoon Daily Direct Slaughter
Cattle reports weekly trade volume totals were: KS 11,860; NE
23,687; TX 3,764; IA 15,395, CO not available due to
confidentiality. Friday's slaughter totaled 114,000 head,
1,000 more than the prior week, but 6,000 smaller than the
previous year. Saturday's kill is estimated at 61,000 head,
bringing the weekly total to 636,000, 18,000 head greater
than the week before, but 26,000 less than 2021. The weekly
averages for boxed beef cutouts and boxed beef cuts: choice
$290.87(+10.60), select $280.08(+9.51), with an average
choice select spread of $10.79(+1.09), and a total load count
including cuts, trimmings, and grinds of 548(-74). Changes
from the prior week are listed in parentheses.
For the week ending January 15, 2022, Imported Beef Passed for
Entry in the U.S. totaled 50,726, 116.16% of the previous week
and 111.57% of the 4-week average.
DTN MORNING COMMENTS: It looks to be a typically quiet Monday
morning with both buyers and sellers busy taking inventory.
Bids and asking prices will not likely be established today,
and significant trade volume will probably be delayed until
Wednesday or later. Beef cutouts are expected to be mixed 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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