DTN Cattle Close/Trends 06/07 15:40

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/07/22 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: 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 COLORADO CONFIRMED CASH SALES - TODAY: NA Conf WEEK TO DATE: NA Conf STEERS LIVE FOB Not available due to confidentiality STEERS LIVE DELIVERED Not available due to confidentiality HEIFERS LIVE FOB Not available due to confidentiality HEIFERS LIVE DELIVERED Not available due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 1,723 WEEK TO DATE: 3,411 STEERS DRESSED DELIVERED 362 224.00-227.00 224.00-227.00 225.69 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Another rather quiet day with the cash cattle trade at a near standstill. Bids were very elusive. Early asking prices in the South were around $137 to $138, and not established in the North. Significant trade volume will likely be delayed at least one more day. 5-AREA LV STR AVG(FOB)PR&WT: $141.00(1331) HIDE&OFFAL: $13.61 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $205.07 $186.72 65,232 DEMAND (Box) $259.42 $237.56 42,944 INDEX VALUE $232.24 +0.98 $212.14 -0.70 108,176 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $271.42 +1.84 $249.56 -1.53 79.21 LDS CH CUTS / 37.80 LDS SEL CUTS / 9.31 LDS TRIM / 11.04 LDS GROUND DAILY CHOICE/SELECT SPREAD $21.86 TOTAL LOAD COUNT 137 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/03 $264.41 +4.08 CUTTER 90% 350# UP C/O: $220.91 +0.77 NAT'L BONELESS BF TRIM: 43.02 lds / Modly lr on lt dem & mod offers 90% TRIM: 15 lds: Wtd Avg: $276.07 / Weak to slightly lower FI KILL(WTD) TUE 126(251) WK AGO 126(129) YR AGO 121(238) MIX: MON SH98/CB27 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 05/21/22 3,960 8,769 Week Ending: 05/14/22 3,571 11,888 Change from prev week: +389 -3,119