DTN Cattle Close/Trends 09/06 15:48
6 Sep 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 09/06/22 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 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: 37 WEEK TO DATE: 37 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: The combination of higher boxed beef prices and higher trade throughout the futures complex lays a strong tone across the market and will likely help feedlots get at least steady prices this week if not even $1.00 or $2.00 more. The cash cattle market didn't see any business develop throughout Tuesday's trade, which will likely lead into an aggressive buying day come Wednesday. 5-AREA LV STR AVG(FOB)PR&WT: N/A HIDE&OFFAL: $13.80 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $211.59 $187.97 61,833 DEMAND (Box) $248.47 $227.30 48,129 INDEX VALUE $230.03 +0.35 $207.64 +0.53 109,962 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $260.47 +1.05 $239.30 +0.72 57.85 LDS CH CUTS / 29.55 LDS SEL CUTS / 19.84 LDS TRIM / 17.92 LDS GROUND DAILY CHOICE/SELECT SPREAD $21.17 TOTAL LOAD COUNT 125 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 09/02 $259.97 -3.81 CUTTER 90% 350# UP C/O: $212.60 -0.15 NAT'L BONELESS BF TRIM: 62.23 lds / Unevenly stdy on mod dem & heavy offers 90% TRIM: 16 lds: Wtd Avg: $268.28 / Weak to lower FI KILL(WTD) TUE 127(130) WK AGO 126(248) YR AGO 119(123) MIX: MON SH 2/CB 1 MON 3 WK AGO 122 YR AGO 4 MIX: FRI SH 96/CB 27 SAT SH 11/CB 6 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 08/20/22 3,078 7,000 Week Ending: 08/13/22 2,615 7,782 Change from prev week: +463 -782