DTN Cattle Close/Trends 06/23 15:40
23 Jun 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/23/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 3,015 WEEK TO DATE: 13,983 STEERS LIVE FOB 1,224 137.00-137.00 137.00-137.00 137.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 331 136.00-137.00 136.00-137.00 136.85 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 12,229 WEEK TO DATE: 14,467 STEERS DRESSED DELIVERED 3,219 230.00-238.00 230.00-238.00 234.18 STEERS DRESSED FOB 500 238.00-238.00 238.00-238.00 238.00 HEIFERS DRESSED DELIVERED 577 234.00-238.00 234.00-238.00 236.16 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 3,007 WEEK TO DATE: 8,259 STEERS LIVE FOB 1,406 137.00-138.00 137.00-138.00 137.24 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,002 137.00-138.00 137.00-138.00 137.42 148IFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 1,930 WEEK TO DATE: 2,218 STEERS LIVE FOB 774 145.00-145.00 145.00-145.00 145.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 974 145.00-145.00 145.00-145.00 145.00 HEIFERS LIVE DELIVERED No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 8,274 WEEK TO DATE: 17,765 STEERS DRESSED DELIVERED 1,588 232.00-238.00 236.00-238.00 236.88 STEERS DRESSED FOB 38 235.00-235.00 235.00-235.00 235.00 HEIFERS DRESSED DELIVERED 271 238.00-238.00 238.00-238.00 238.00 HEIFERS DRESSED FOB 217 235.00-235.00 235.00-235.00 235.00 COMMENTS: It looks to be yet another week of wide ranges in the North this week, with dressed deals marked at $230 to $240, mostly $234 which is $4 higher than last weeks weighted average basis Nebraska. Southern live trade has been marked at mostly $138, generally steady to $2 lower than last week's weighted average. 5-AREA LV STR AVG(FOB)PR&WT: $141.33(1436) HIDE&OFFAL: $13.79 -0.02 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $211.68 $191.51 49,661 DEMAND (Box) $252.66 $232.94 46,260 INDEX VALUE $232.17 -1.39 $212.22 -0.97 95,921 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $264.66 -1.91 $244.94 -1.05 60.89 LDS CH CUTS / 17.75 LDS SEL CUTS / 16.63 LDS TRIM / 8.92 LDS GROUND DAILY CHOICE/SELECT SPREAD $19.72 TOTAL LOAD COUNT 104 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/17 $260.18 -3.96 CUTTER 90% 350# UP C/O: $220.77 -2.71 NAT'L BONELESS BF TRIM: 63.93 lds / Shrply lr on lt dem & mod-hvy offers 90% TRIM: 28 lds: Wtd Avg: $276.92 / Sharply lower FI KILL(WTD) THU 122(498) WK AGO 127(495) YR AGO 118(473) MIX: WED SH98/CB28 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 06/11/22 3,909 6,091 Week Ending: 06/04/22 4,864 8,268 Change from prev week: -955 -2,177