DTN Cattle Close/Trends 06/17 15:30
17 Jun 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/17/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 6,706 WEEK TO DATE: 7,258 STEERS LIVE FOB 3,507 100.00-102.00 100.00-102.00 101.78 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,481 100.00-102.00 100.00-102.00 101.70 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 13,913 WEEK TO DATE: 28,374 STEERS DRESSED DELIVERED 5,691 157.00-162.00 157.00-162.00 161.01 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 2,607 160.00-162.00 160.00-162.00 161.71 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 4,752 WEEK TO DATE: 7,018 STEERS LIVE FOB 1,927 100.00-102.00 100.00-102.00 101.31 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,583 100.00-102.00 100.00-102.00 101.93 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: NA Conf WEEK TO DATE: NA Conf STEERS LIVE FOB Trade not available due to confidentiality STEERS LIVE DELIVERED Trade not available due to confidentiality HEIFERS LIVE FOB Trade not available due to confidentiality HEIFERS LIVE DELIVERED Trade not available due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 6,253 WEEK TO DATE: 19,472 STEERS DRESSED DELIVERED 3,624 158.00-162.00 158.00-162.00 161.09 STEERS DRESSED FOB 42 160.00-160.00 160.00-160.00 160.00 HEIFERS DRESSED DELIVERED 1,377 160.00-162.00 160.00-162.00 161.82 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light trade developed in most areas today with Southern live deals marked at $100 to mostly $102, steady to $4 higher than the rest of this week's trade, but roughly $1.50 lower than last week's weighted average basis Texas, and about $3 lower than last week's weighted average basis Kansas. Northern dressed deals were marked at $157 to mostly $162, steady to $5 higher than Monday and Tuesday's dressed market but $7 lower than last week's weighted average basis Nebraska. 5-AREA LV STR AVG(FOB)PR&WT: $100.81(1429) HIDE&OFFAL: $7.06 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $159.28 $140.73 89,581 BOX BASED $205.93 $196.08 66,566 AVE INDEX $182.60 -5.60 $168.40 -3.17 156,147 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $217.93 -9.96 $208.08 -5.09 124.46 LDS CH CUTS / 34.52 LDS SEL CUTS / 9.11 LDS TRIM / 32.00 LDS GROUND BOXED BEEF TREND: Not available due to technical difficulties COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/12 $248.66 -58.73 CUTTER 90% 350# UP C/O: $206.93 -0.63 NAT'L BONELESS BF TRIM: 30.73 lds / Gen stdy on lt-mod dem & offers 90% TRIM: 00 lds: Wtd Avg $No Test/ Sharply lower FI KILL(WTD) WED 120(358) WK AGO 116(350) YR AGO 122(364) MIX: TUE SH93/CB26 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 06/06/20 908 10,143 Week Ending: 05/30/20 2,047 10,000 Change from prev week: -1,139 +143