DTN Cattle Close/Trends 07/21 15:20
21 Jul 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/21/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 2,316 WEEK TO DATE: 3,269 STEERS LIVE FOB 763 136.00-136.00 136.00-136.00 136.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 623 135.00-136.00 135.00-136.00 135.94 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 1,019 WEEK TO DATE: 23,871 STEERS DRESSED DELIVERED 200 225.00-225.00 225.00-225.00 225.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 180 226.00-228.00 226.00-228.00 226.44 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 554 WEEK TO DATE: 8,415 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 370 136.00-136.00 136.00-136.00 136.00 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: NA Conf WEEK TO DATE: NA Conf STEERS LIVE FOB NA due to confidentiality STEERS LIVE DELIVERED NA due to confidentiality HEIFERS LIVE FOB NA due to confidentiality HEIFERS LIVE DELIVERED NA due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 1,892 WEEK TO DATE: 7,880 STEERS DRESSED DELIVERED 878 226.00-232.00 226.00-232.00 230.89 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 129 225.00-225.00 225.00-225.00 225.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light trade was reported today in Kansas and Texas at $136. So far this week, Northern dressed deals have been reported at mostly $227, $2 lower than last week's weighted averages. Southern live business has been marked at mostly $136, roughly $0.50 to $1 lower than last week's weighted averages. It is sounding like the bulk of transactions are completed for the week, although a few deals here and there tomorrow are not out of the question. 5-AREA LV STR AVG(FOB)PR&WT: $141.21(1483) HIDE&OFFAL: $13.82 +0.08 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $209.73 $185.58 58,204 DEMAND (Box) $255.76 $228.53 37,854 INDEX VALUE $232.75 -1.82 $207.06 -1.29 96,058 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $267.76 -2.77 $240.53 -1.72 60.73 LDS CH CUTS / 19.02 LDS SEL CUTS / 7.20 LDS TRIM / 17.85 LDS GROUND DAILY CHOICE/SELECT SPREAD $27.23 TOTAL LOAD COUNT 105 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/15 $262.46 +1.16 CUTTER 90% 350# UP C/O: $214.30 -4.55 NAT'L BONELESS BF TRIM: 49.42 lds / Shrply lr on lt dem & offers 90% TRIM: 26 lds: Wtd Avg: $270.48 / Sharply lower FI KILL(WTD) THU 123(497) WK AGO 123(500) YR AGO 121(472) MIX: WED SH96/CB28 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 07/09/22 1,841 7,151 Week Ending: 07/02/22 2,037 8,953 Change from prev week: -196 -1,802