DTN Cattle Close/Trends 07/09 16:00

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/09/18 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 35 WEEK T0 DATE: 35 STEERS No reportable trade HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade COMMENTS: A typical Monday with the cash trade at a virtual standstill. 5-AREA LV STR AVE PR&WT: $112.66(1405) HIDE&OFFAL: $9.57 +0.10 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED 169.08 157.47 169,291 BOX BASED 194.92 186.62 54,802 AVE INDEX 182.00 +2.67 172.05 +4.84 224,093 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 206.92 -1.11 198.62 -0.09 70.40 LDS CH CUTS / 26.15 LDS SEL CUTS / 18.10 LDS TRIM / 24.4 LDS GROUND BOXED BEEF TREND: Stdy-firm on mod dem and offers. COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/06 $207.53 -1.71 CUTTER 90% 350# UP C/O: $175.86 -0.12 NAT'L BONELESS BF TRIM: 36.29 lds / Stdy-firm on moder dem & offers 90% TRIM: 16 lds: Wtd Avg $219.86 / Lower FI KILL(WTD) MON 119 WK AGO 116 YR AGO 118 MIX: FRI SH96/CB23 SAT SH83/CB8 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 06/23/18 3,689 4,832 Week Ending: 06/16/18 2,074 3,704 Change from prev week: +1,615 +1,128 WEEKLY CASH CATTLE 07/09 15:50 WEEKLY DIRECT SLAUGHTER CATTLE - FOR THE WEEK ENDING: 07/06 WT AV LV % CH PRICE RANGE VOLUME WT AV DR % CH PRICE RANGE VOL KANSAS FORMULA/FORWARD 90,665 / WTD 28,071 / WEEKLY TOTAL 118,736 STEERS - LIVE FOB STEERS - DRESSED DELIVERED 112.21 TOTAL 110.00-113.00 12,801 180.00 TOTAL 180.00-180.00 141 STEERS - LIVE DELIVERED STEERS - DRESSED FOB 112.00 TOTAL 112.00-112.00 250 No reportable trade HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED 112.21 TOTAL 110.00-113.00 8,757 No reportable trade HEIFERS - LIVE DELIVERED HEIFERS - DRESSED FOB No reportable trade No reportable trade NEBRASKA FORMULA/FORWARD 53,215 / WTD 66,353 / WEEKLY TOTAL 119,568 STEERS - LIVE FOB STEERS - DRESSED DELIVERED 113.24 TOTAL 110.00-114.00 22,689 179.06 TOTAL 177.00-180.00 15,121 STEERS - LIVE DELIVERED STEERS - DRESSED FOB No reportable trade 177.92 TOTAL 177.00-178.00 452 HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED 113.27 TOTAL 110.00-114.00 9,760 179.31 TOTAL 175.00-180.00 5,246 HEIFERS - LIVE DELIVERED HEIFERS - DRESSED FOB 113.86 TOTAL 113.00-114.00 1,866 No reportable trade TEXAS FORMULA/FORWARD 75,193 / WTD 9,507 / WEEKLY TOTAL 84,700 STEERS - LIVE FOB STEERS - DRESSED DELIVERED 113.01 TOTAL 112.00-113.50 4,534 No reportable trade STEERS - LIVE DELIVERED STEERS - DRESSED FOB No reportable trade No reportable trade HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED 112.82 TOTAL 112.00-113.50 1,789 No reportable trade HEIFERS - LIVE DELIVERED HEIFERS - DRESSED FOB No reportable trade No reportable trade SEE FRIDAY'S DAILY DIRECT SLAUGHTER CATTLE NEGOTIATED PURCHASES SUMMARIES BELOW DTN COMMENTS: Formula totals for last week lower in all three major feeding states: KS 90,665(-6,480), NE 53,215(-17,138), TX 75,193(-18,687). Total trade volume was mixed, higher in Nebraska, about steady in Kansas, but lower in Texas: KS 118,736(-443), NE 119,568(+2,569), TX 84,700 (-16,411). DAILY DIRECT SLAUGHTER CATTLE-NEGOTIATED PURCHASES-SUMMARY **Summary includes trade from 1:30 PM the previous day through 9:30 AM today.** KANSAS CONFIRMED CASH SALES: 27,765 WEEK TO DATE: 28,071 STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED 112.39 80+ 112.00-113.00 2,091 180.00 80+ 180.00-180.00 40 112.26 65-80 112.00-113.00 8,427 180.00 65-80 180.00-180.00 75 112.02 35-65 111.00-113.00 2,100 180.00 35-65 180.00-180.00 26 112.24 TOTAL 111.00-113.00 12,618 180.00 TOTAL 180.00-180.00 141 STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB No reportable trade No reportable trade HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED 112.11 80+ 112.00-113.00 2,594 No reportable trade 112.30 65-80 112.00-113.00 5,212 112.16 35-65 112.00-113.00 874 112.23 TOTAL 112.00-113.00 8,680 HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB No reportable trade No reportable trade NEBRASKA CONFIRMED CASH SALES: 66,313 WEEK TO DATE: 66,353 STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED 113.30 80+ 110.00-114.00 17,128 178.98 80+ 175.00-180.00 7,435 113.09 65-80 110.00-114.00 5,502 179.10 65-80 175.00-180.00 7,267 111.00 35-65 111.00-111.00 59 180.00 35-65 180.00-180.00 419 113.24 TOTAL 110.00-114.00 22,689 179.06 TOTAL 175.00-180.00 15,121 STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB No reportable trade 177.92 80+ 177.00-178.00 452 177.92 TOTAL 177.00-178.00 452 HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED 113.36 80+ 112.00-114.00 8,028 179.34 80+ 175.00-180.00 2,928 112.95 65-80 112.00-113.50 1,692 179.19 65-80 175.00-180.00 2,090 180.00 35-65 180.00-180.00 228 113.29 TOTAL 112.00-114.00 9,720 179.31 TOTAL 175.00-180.00 5,246 HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB 113.91 80+ 113.00-114.00 1,747 No reportable trade 113.00 65-80 113.00-113.00 119 113.86 TOTAL 113.00-114.00 1,866 TEXAS CONFIRMED CASH SALES: 9,507 WEEK TO DATE: 9,507 STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED 113.00 80+ 113.00-113.00 69 No reportable trade 113.25 65-80 112.00-113.50 1,968 112.83 35-65 112.00-113.00 2,497 113.01 TOTAL 112.00-113.50 4,534 STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB No reportable trade No reportable trade HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED 112.92 65-80 112.00-113.50 923 No reportable trade 112.71 35-65 112.00-113.00 866 112.82 TOTAL 112.00-113.50 1,789 HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB No reportable trade No reportable trade COLORADO CONFIRMED CASH SALES: CONFIDENT WEEK TO DATE: CONFIDENTIAL STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED NA DUE TO CONFIDENTIALITY No reportable trade STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB No reportable trade No reportable trade HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED NA DUE TO CONFIDENTIALITY No reportable trade HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB No reportable trade No reportable trade IOWA CONFIRMED CASH SALES: 49,223 WEEK TO DATE: 50,438 STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED 111.98 80+ 110.00-113.00 14,904 177.86 80+ 175.00-180.00 7,875 112.17 65-80 110.50-113.00 1,135 179.27 65-80 175.00-180.00 4,635 111.99 TOTAL 110.00-113.00 16,039 178.38 TOTAL 175.00-180.00 12,510 STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB 112.71 80+ 111.00-114.00 2,188 178.81 80+ 175.00-177.00 1,196 112.71 TOTAL 111.00-114.00 2,188 175.81 TOTAL 175.00-177.00 1,196 HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED 107.35 80+ 105.00-109.00 201 177.70 80+ 175.00-180.00 3,786 177.24 65-80 175.00-180.00 1,129 107.35 TOTAL 105.00-109.00 201 177.59 TOTAL 175.00-180.00 4,915 HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB 108.00 80+ 108.00-108.00 42 175.00 80+ 175.00-175.00 41 108.00 TOTAL 108.00-108.00 42 175.00 TOTAL 175.00-175.00 41